Fidelity Rutland Square Trust II

10/09/2026 | Press release | Distributed by Public on 10/09/2026 09:22

Prospectus by Investment Company (Form 497)

Supplement to the
Strategic Advisers® Fidelity® Short Duration Fund
July 30, 2026
STATEMENT OF ADDITIONAL INFORMATION
The following information supplements information found in the "Management Contract" section.
The following table provides information relating to other accounts managed by SAMEER YADAV as of August 31, 2026:
Registered Investment
Companies*
Other Pooled
Investment
Vehicles
Other
Accounts
Number of Accounts Managed
1
none
none
Number of Accounts Managed with Performance-Based Advisory Fees
none
none
none
Assets Managed (in millions)
$16,183
none
none
Assets Managed with Performance-Based Advisory Fees (in millions)
none
none
none
* Includes assets of Strategic Advisers® Fidelity® Short Duration Fund managed by the portfolio manager ($16,183 (in millions) assets managed).
As of August 31, 2026, the dollar range of shares of Strategic Advisers® Fidelity® Short Duration Fund beneficially owned by the portfolio manager was none.
SDF-SSTK-1026-101-1.9922542.101
October 9, 2026
Supplement to the
Strategic Advisers® Fidelity® Core Income Fund
July 30, 2026
STATEMENT OF ADDITIONAL INFORMATION
The following information supplements information found in the "Management Contract" section.
The following table provides information relating to other accounts managed by ALAN KURD as of August 31, 2026:
Registered Investment
Companies*
Other Pooled
Investment
Vehicles
Other
Accounts
Number of Accounts Managed
1
none
none
Number of Accounts Managed with Performance-Based Advisory Fees
none
none
none
Assets Managed (in millions)
$93,107
none
none
Assets Managed with Performance-Based Advisory Fees (in millions)
none
none
none
* Includes assets of Strategic Advisers® Fidelity® Core Income Fund managed by the portfolio manager ($93,107 (in millions) assets managed).
As of August 31, 2026, the dollar range of shares of Strategic Advisers® Fidelity® Core Income Fund beneficially owned by the portfolio manager was $500,001 - $1,000,000.
COI-SSTK-1026-105-1.9899408.105
October 9, 2026
Supplement to the
Strategic Advisers® Tax-Sensitive Short Duration Fund
July 30, 2026
As Revised July 31, 2026
STATEMENT OF ADDITIONAL INFORMATION
The following information supplements information found in the "Management Contract" section.
The following table provides information relating to other accounts managed by DAVID MILES as of August 31, 2026:
Registered Investment
Companies*
Other Pooled
Investment
Vehicles
Other
Accounts
Number of Accounts Managed
1
none
none
Number of Accounts Managed with Performance-Based Advisory Fees
none
none
none
Assets Managed (in millions)
$3,180
none
none
Assets Managed with Performance-Based Advisory Fees (in millions)
none
none
none
* Includes assets of Strategic Advisers® Tax-Sensitive Short Duration Fund managed by the portfolio manager ($3,180 (in millions) assets managed).
As of August 31, 2026, the dollar range of shares of Strategic Advisers® Tax-Sensitive Short Duration Fund beneficially owned by the portfolio manager was $10,001 - $50,000.
TSS-SSTK-1026-104-1.9896108.104
October 9, 2026
Fidelity Rutland Square Trust II published this content on October 09, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 09, 2026 at 15:22 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]