JPMorgan SmartRetirement 2040 Fund Class I (SMTSX)
JPMorgan SmartRetirement 2040 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 $25.71, up 0.55% on the session, giving a market capitalisation of $3.70B. Its beta of 1.08 implies it has historically moved more than the broad market.
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.
JPMorgan SmartRetirement 2040 Fund Class I is most often compared with the following Financial Services names: