About SMTZX
JPMorgan SmartRetirement 2040 Fund is a target date mutual fund designed to serve investors planning to retire around the year 2040. Its primary function is to provide a professionally managed, diversified portfolio that strategically adjusts its asset allocation over time, transitioning from growth-oriented investments to more conservative holdings as the target retirement date approaches. The fund invests across a broad range of asset classes, including U.S. large cap, mid cap, and small cap equities, international stocks, and various types of fixed income securities such as U.S. bonds, high yield, and emerging market debt.
This fund is managed by an experienced team and is structured as a fund of funds, meaning it invests in a selection of underlying J.P. Morgan mutual funds and ETFs to achieve broad diversification and risk management. The glide path, or shifting asset allocation strategy, becomes increasingly conservative over time, prioritizing income generation and capital preservation as retirement nears. JPMorgan SmartRetirement 2040 Fund plays a significant role in the retirement planning market, offering a turnkey solution for individuals seeking a single-fund retirement strategy that evolves with their investment timeline.
Fund Family JPMorgan
Category Target-Date 2040
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol SMTZX
Share Class Class R2
Index S&P Target Date 2040 TR
SMTZX had a total return of 14.39% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.23%.
