- What does SMTCX invest in?
- This investment vehicle's main objective is to deliver substantial overall returns, gradually transitioning its focus towards generating income and modest capital appreciation as it nears and passes its designated retirement year. It is primarily designed for individuals who anticipate retiring around 2040 and intend to draw upon their investment throughout their post-employment period. The fund achieves its diversification across various asset classes—specifically stocks (equities), bonds (fixed income), and highly liquid assets (cash/cash equivalents)—by predominantly investing in other mutual funds and exchange-traded funds (ETFs) from the same corporate group. In certain limited scenarios, it may also utilize passive ETFs managed by external advisors or make direct allocations to other financial instruments.
- What is the expense ratio of SMTCX?
- JPMorgan SmartRetirement 2040 Fund Class C (SMTCX) charges an expense ratio of 1.39%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is SMTCX?
- JPMorgan SmartRetirement 2040 Fund Class C (SMTCX) manages $3.66B 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 SMTCX actively managed or an index fund?
- SMTCX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was SMTCX launched?
- JPMorgan SmartRetirement 2040 Fund Class C (SMTCX) launched in May 2006 and is managed by JPMorgan.
- How has SMTCX performed?
- SMTCX'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.
