JPMorgan SmartRetirement 2040 Fund Class C (SMTCX)
JPMorgan SmartRetirement 2040 Fund Class C operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $24.65, up 0.53% on the session, giving a market capitalisation of $3.61B. Its beta of 1.08 implies it has historically moved more than the broad market.
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.
JPMorgan SmartRetirement 2040 Fund Class C is most often compared with the following Financial Services names: