JPMorgan SmartRetirement 2050 Fund Class I (JTSSX)
JPMorgan SmartRetirement 2050 Fund Class I operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $27.92, up 0.65% on the session, giving a market capitalisation of $2.85B. On trailing twelve-month figures it carries a trailing P/E of 1.72, a net margin of 32.7%. Its beta of 1.18 implies it has historically moved more than the broad market.
This fund aims to deliver significant overall returns, progressively transitioning its investment focus towards generating current income and some capital appreciation as it approaches and passes its target retirement date. It is primarily intended for investors anticipating retirement around 2050, who plan to draw down their investment in the fund throughout their retirement years. To achieve this, the fund allocates capital across a broad spectrum of asset classes, including equities, fixed income, and cash/cash equivalents. This diversification is accomplished by investing in both proprietary mutual funds and exchange-traded funds (ETFs), in addition to, under specific limited circumstances, passive ETFs managed by unaffiliated investment advisors, and/or direct investments in other financial instruments.
JPMorgan SmartRetirement 2050 Fund Class I is most often compared with the following Financial Services names: