Key Takeaways
- • Fidelity SAI Managed Futures Fund (FMFLX) is a mutual fund employing a managed futures strategy designed to capture price momentum and persistence across multiple asset classes.
- • Roberto Croce serves as Portfolio Manager of the fund, having assumed the role in 2025.
- • The fund's holdings include exposure to large-cap technology stocks, with Microsoft (MSFT) and NVIDIA (NVDA) among its reported positions, alongside fixed-income instruments such as U.S. Treasury Bills.
- • The fund's investment objective focuses on capital appreciation through systematic trend-following and momentum-based trading strategies.
Summary
Fidelity SAI Managed Futures Fund (FMFLX) is a mutual fund structured to pursue capital appreciation through a managed futures strategy. The fund employs a systematic approach intended to capture the persistence of price trends across diversified asset classes, a methodology characteristic of trend-following hedge funds and managed futures vehicles.
Roberto Croce oversees the fund as Portfolio Manager, having taken on management responsibilities in 2025. The fund maintains holdings across equities and fixed-income securities. Recent holdings data indicates positions in large-cap technology equities including Microsoft (MSFT) and NVIDIA (NVDA), as well as defensive allocations to U.S. Treasury Bills. This diversified positioning reflects the fund's strategy to manage risk while pursuing capital appreciation across market cycles.
The fund is available for research and analysis through Fidelity's investment platforms, where investors can access performance charts, historical data, and detailed holdings information. As a registered mutual fund under the Fidelity family of investment products, FMFLX offers institutional and retail investors exposure to systematic managed futures strategies, which have historically been designed to perform across various market environments by capturing directional price movements.
Roberto Croce oversees the fund as Portfolio Manager, having taken on management responsibilities in 2025. The fund maintains holdings across equities and fixed-income securities. Recent holdings data indicates positions in large-cap technology equities including Microsoft (MSFT) and NVIDIA (NVDA), as well as defensive allocations to U.S. Treasury Bills. This diversified positioning reflects the fund's strategy to manage risk while pursuing capital appreciation across market cycles.
The fund is available for research and analysis through Fidelity's investment platforms, where investors can access performance charts, historical data, and detailed holdings information. As a registered mutual fund under the Fidelity family of investment products, FMFLX offers institutional and retail investors exposure to systematic managed futures strategies, which have historically been designed to perform across various market environments by capturing directional price movements.
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