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        <fairValLevel>1</fairValLevel>
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        <name>ICE FUTURES US</name>
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        <name>Fidelity Central Investment Portfolios II LLC</name>
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        <name>CHICAGO BOARD OF TRADE</name>
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        <name>Fidelity Hanover Street Trust</name>
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        <name>Fidelity Covington Trust</name>
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        <name>Fidelity Revere Street Trust</name>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12182774.55000000</valUSD>
        <pctVal>0.203591062999</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="12182774.55000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fidelity Covington Trust</name>
        <lei>549300JFYFTF85QAQR28</lei>
        <title>Fidelity Enhanced Large Cap Value ETF</title>
        <cusip>31609A107</cusip>
        <identifiers>
          <isin value="US31609A1079"/>
        </identifiers>
        <balance>1144466.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>39667191.56000000</valUSD>
        <pctVal>0.662893798349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="374328.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fidelity Central Investment Portfolios LLC</name>
        <lei>S2V1M15I679NQK6BNY65</lei>
        <title>Fidelity Emerging Markets Equity Central Fund</title>
        <cusip>31606V682</cusip>
        <identifiers>
          <isin value="US31606V6829"/>
        </identifiers>
        <balance>2323712.71300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>668276539.13000000</valUSD>
        <pctVal>11.16782801983</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fidelity Greenwood Street Trust</name>
        <lei>549300467DYGTZIRI308</lei>
        <title>Fidelity Managed Futures ETF</title>
        <cusip>31624J620</cusip>
        <identifiers>
          <isin value="US31624J6203"/>
        </identifiers>
        <balance>504048.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26931284.64000000</valUSD>
        <pctVal>0.450059126127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fidelity Central Investment Portfolios II LLC</name>
        <lei>0VPAEPVECBYQ0ULYZJ60</lei>
        <title>Fidelity Investment Grade Bond Central Fund</title>
        <cusip>31606V500</cusip>
        <identifiers>
          <isin value="US31606V5003"/>
        </identifiers>
        <balance>4507050.66480000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>448721964.19000000</valUSD>
        <pctVal>7.498766500644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UST BILLS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST BILLS 0% 02/12/2026</title>
        <cusip>912797RT6</cusip>
        <identifiers>
          <isin value="US912797RT68"/>
        </identifiers>
        <balance>270000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>268896.27000000</valUSD>
        <pctVal>0.004493629691</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UST BILLS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST BILLS 0% 02/26/2026</title>
        <cusip>912797RU3</cusip>
        <identifiers>
          <isin value="US912797RU32"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19890.34000000</valUSD>
        <pctVal>0.000332395173</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UST BILLS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST BILLS 0% 01/08/2026</title>
        <cusip>912797RH2</cusip>
        <identifiers>
          <isin value="US912797RH21"/>
        </identifiers>
        <balance>2330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2328651.23000000</valUSD>
        <pctVal>0.038914992420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fidelity Covington Trust</name>
        <lei>549300JFYFTF85QAQR28</lei>
        <title>Fidelity Fundamental Small-Mid Cap ETF</title>
        <cusip>316092295</cusip>
        <identifiers>
          <isin value="US3160922957"/>
        </identifiers>
        <balance>2557068.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>78476416.92000000</valUSD>
        <pctVal>1.311449791303</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1853676.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICE FUTURES US</name>
        <lei>5493004R83R1LVX2IL36</lei>
        <title>MSCI EAFE FUT MAR26 MFSH6</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="MFSH6"/>
        </identifiers>
        <balance>626.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>909706.49000000</valUSD>
        <pctVal>0.015202457416</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE FUTURES US</counterpartyName>
              <counterpartyLei>5493004R83R1LVX2IL36</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSCI EAFE INDX(UN FOR FUTURES)</indexName>
                <indexIdentifier>EI09MXEA</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2026-03-20</expDate>
            <notionalAmt>89926023.51000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>909706.49000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="As of March 2025, monthly returns presented in Item B.5.a. have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-01-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Laura M. Del Prato</ncom:nameOfApplicant>
      <ncom:signature>Laura M. Del Prato</ncom:signature>
      <ncom:signerName>Laura M. Del Prato</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
