JPMorgan SmartRetirement 2040 Fund Class I

Frequently Asked Questions About SMTSX

What does SMTSX invest in?

The JPMorgan SmartRetirement 2040 Fund Class I is primarily designed for investors looking to retire around the year 2040 and who intend to draw income from their investments throughout their retirement. Its core objective is to achieve substantial total returns, gradually shifting its focus towards generating current income and some capital appreciation as it approaches and then moves beyond the target retirement date. To accomplish this, the fund allocates its assets across a diversified mix of equity, fixed income, and cash/cash equivalent holdings. It typically achieves this diversification by investing in other mutual funds and exchange-traded funds (ETFs) offered by the same investment company group, though in specific, limited situations, it may also utilize passive ETFs managed by external advisers or invest directly in various financial instruments.

What is the expense ratio of SMTSX?

JPMorgan SmartRetirement 2040 Fund Class I (SMTSX) charges an expense ratio of 0.64%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SMTSX?

JPMorgan SmartRetirement 2040 Fund Class I (SMTSX) manages $3.42B 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 SMTSX actively managed or an index fund?

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

When was SMTSX launched?

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

How has SMTSX performed?

SMTSX'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.