JPMorgan SmartRetirement 2040 Fund Class A (SMTAX)
JPMorgan SmartRetirement 2040 Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $25.92, down 0.08% on the session, giving a market capitalisation of $3.75B. On trailing twelve-month figures it carries a trailing P/E of 1.60, a net margin of 32.7%. Its beta of 1.08 implies it has historically moved more than the broad market.
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.
JPMorgan SmartRetirement 2040 Fund Class A is most often compared with the following Financial Services names: