JPMorgan SmartRetirement 2040 Fund Class R6

Frequently Asked Questions About SMTYX

What does SMTYX invest in?

The JPMorgan SmartRetirement 2040 Fund Class R6 strives to achieve a significant total return. As the fund approaches and moves past its designated retirement year, its investment strategy gradually transitions, placing a greater emphasis on generating current income while still pursuing some capital growth. This fund is ideally suited for investors who plan to cease employment around 2040 and intend to systematically draw down their investment throughout their retirement. To meet its goals, the fund diversifies its portfolio across various asset classes, including stocks (equities), bonds (fixed income), and cash or cash equivalents. It primarily accomplishes this by investing in other mutual funds and exchange-traded funds (ETFs) within the same family of investment companies. In certain limited scenarios, it may also utilize passive ETFs managed by external, unaffiliated advisors or make direct investments in other financial instruments.

What is the expense ratio of SMTYX?

JPMorgan SmartRetirement 2040 Fund Class R6 (SMTYX) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SMTYX?

JPMorgan SmartRetirement 2040 Fund Class R6 (SMTYX) manages $3.40B 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 SMTYX actively managed or an index fund?

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

When was SMTYX launched?

JPMorgan SmartRetirement 2040 Fund Class R6 (SMTYX) launched in November 2014 and is managed by JPMorgan.

How has SMTYX performed?

SMTYX'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.