Great Gray Collective Investment Trust - Smartgoal By JP Morgan 2055 Fund (GAAFNX)
| 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 | 13.01 |
| YTD Return | 11.76% |
| 1-Year Return | 22.39% |
| 5-Year Return | n/a |
| 52-Week Low | 10.63 |
| 52-Week High | 13.16 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About GAAFNX
JPMorgan SmartRetirement 2055 Fund is a target-date mutual fund specifically designed for individuals planning to retire around the year 2055. As a target-date fund, its primary function is to provide a diversified investment solution that automatically adjusts its asset allocation over time. Early in its lifecycle, the fund emphasizes growth by allocating a larger portion to equities, including U.S. large cap, mid cap, small cap, international, and emerging markets stocks. As the fund approaches its target retirement date, its allocation shifts progressively towards fixed income and cash, reflecting a more conservative risk profile suitable for retirees and those nearing retirement. The fund operates as a fund-of-funds, investing in a range of underlying JPMorgan mutual funds across various asset classes and strategies. This structure delivers broad diversification and professional management, leveraging JPMorgan’s extensive investment expertise. The SmartRetirement 2055 Fund aims to balance growth and income, managing risk through a glide path approach that reduces equity exposure closer to retirement. The fund’s overall objective is to help participants accumulate assets for retirement and withdraw them in a managed, sustainable way during retirement years.
Performance
GAAFNX had a total return of 22.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.09%.