Great Gray Collective Investment Trust - Smartgoal By JP Morgan 2040 Fund (GAAFKX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 12.55 |
| YTD Return | 9.97% |
| 1-Year Return | 19.30% |
| 5-Year Return | n/a |
| 52-Week Low | 10.53 |
| 52-Week High | 12.67 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About GAAFKX
SmartGoal by J.P. Morgan 2040 Fund is a target-date mutual fund designed to help investors save for retirement with an anticipated retirement year around 2040. The fund employs a professionally managed, diversified portfolio that strategically adjusts its asset allocation over time, gradually shifting from a growth-oriented mix dominated by equities to a more conservative allocation emphasizing fixed income and cash as the target date approaches. The fund leverages J.P. Morgan’s Multi-Asset Solutions team, benefiting from their expertise in actively managing allocation across major asset classes using insights from subject matter specialists. Its holdings typically include U.S. large-cap equities, mid-cap and small-cap stocks, investment-grade U.S. fixed income, high-yield bonds, and a modest allocation to emerging markets debt and cash equivalents. This approach is intended to offer investors a single, comprehensive solution that automatically adapts risk exposure as retirement nears, in line with the life-cycle investing philosophy commonly used in employer-sponsored retirement plans and individual retirement accounts. SmartGoal by J.P. Morgan 2040 Fund serves as a core holding for individuals seeking a professionally managed, evolving investment strategy tailored to retirement objectives, delivering broad market exposure, disciplined risk reduction, and ongoing portfolio oversight by experienced asset managers.
Performance
GAAFKX had a total return of 19.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.60%.