JPMorgan SmartRetirement 2040 Fund Class A

Frequently Asked Questions About SMTAX

What does SMTAX invest in?

This fund aims for significant overall returns, progressively transitioning its objective to emphasize income generation and some capital appreciation as it approaches and extends past its designated retirement year. It is specifically designed for investors anticipating retirement around 2040, with the intention of drawing down their investment over the course of their retirement. The fund achieves diversification across various asset classes, including stocks, bonds, and cash or cash equivalents. This is primarily accomplished through investments in affiliated mutual funds and exchange-traded funds (ETFs), with the possibility of selectively incorporating passive ETFs managed by external advisors or holding direct investments in other financial instruments.

What is the expense ratio of SMTAX?

JPMorgan SmartRetirement 2040 Fund Class A (SMTAX) charges an expense ratio of 0.83%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SMTAX?

JPMorgan SmartRetirement 2040 Fund Class A (SMTAX) manages $3.37B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is SMTAX actively managed or an index fund?

SMTAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SMTAX launched?

JPMorgan SmartRetirement 2040 Fund Class A (SMTAX) launched in May 2006 and is managed by JPMorgan.

How has SMTAX performed?

SMTAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.