Great Gray Collective Investment Trust - Smartgoal By JP Morgan 2060 Fund (GAAFOX)
| 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 | 12.98 |
| YTD Return | 11.70% |
| 1-Year Return | 22.38% |
| 5-Year Return | n/a |
| 52-Week Low | 10.61 |
| 52-Week High | 13.13 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About GAAFOX
JPMorgan SmartRetirement 2060 Fund is a target-date mutual fund designed for individuals who plan to retire around the year 2060. Its primary function is to provide a professionally managed, diversified investment portfolio that gradually shifts its asset allocation as the target retirement date approaches. Early in an investor’s career, the fund maintains a high allocation to equities to pursue growth, but as retirement nears, it systematically becomes more conservative, increasing exposure to fixed income and cash equivalents. This dynamic approach—known as a "glide path"—aims to balance long-term growth with risk management as investors transition from saving to spending in retirement. The fund is constructed as a fund of funds, utilizing a broad range of underlying JP Morgan mutual funds and ETFs that span U.S. and international equities, fixed income, and alternative assets. It is managed by JP Morgan’s experienced Multi-Asset Solutions team, who leverage research and tactical asset allocation to adapt to market conditions. As a result, the fund plays a significant role in retirement planning, serving as a comprehensive, all-in-one investment solution for those seeking a disciplined path to and through retirement.
Performance
GAAFOX had a total return of 22.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.09%.