10/25/2021 | Press release | Distributed by Public on 10/25/2021 07:38
JPMorgan SmartRetirement® 2040 Fund
Class/Ticker: R2/SMTZXR3/SMTPXR4/SMTQXR5/SMTIXR6/SMTYX
|
ANNUAL FUND OPERATING EXPENSES
(Expenses that you pay each year as a percentage of the value
of your investment)
|
|||||
Class R2
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Class R3
|
Class R4
|
Class R5
|
Class R6
|
|
Management Fees
|
NONE
|
NONE
|
NONE
|
NONE
|
NONE
|
Distribution (Rule
12b-1) Fees
|
0.50
|
0.25
|
NONE
|
NONE
|
NONE
|
Other Expenses
|
0.27
|
0.26
|
0.26
|
0.11
|
0.01
|
Service Fees
|
0.25
|
0.25
|
0.25
|
0.10
|
NONE
|
Remainder of
Other Expenses
|
0.02
|
0.01
|
0.01
|
0.01
|
0.01
|
Acquired Fund
(Underlying Fund)
Fees and Expenses
|
0.45
|
0.45
|
0.45
|
0.45
|
0.45
|
Total Annual Fund
Operating Expenses
|
1.22
|
0.96
|
0.71
|
0.56
|
0.46
|
Fee Waivers and/or
Expense
Reimbursements1
|
-0.02
|
-0.01
|
-0.01
|
-0.01
|
-0.01
|
Total Annual Fund
Operating Expenses
after Fee Waivers
and/or Expense
Reimbursements1
|
1.20
|
0.95
|
0.70
|
0.55
|
0.45
|
WHETHER OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD BE:
|
||||
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
CLASS R2 SHARES ($)
|
122
|
385
|
668
|
1,476
|
CLASS R3 SHARES ($)
|
97
|
305
|
530
|
1,177
|
CLASS R4 SHARES ($)
|
72
|
226
|
394
|
882
|
CLASS R5 SHARES ($)
|
56
|
178
|
312
|
700
|
CLASS R6 SHARES ($)
|
46
|
147
|
257
|
578
|
Strategic Target Allocations1
|
|||||||||||
Years to Target Date
|
40+
|
35
|
30
|
25
|
20
|
15
|
10
|
5
|
0
|
-5
|
-10
|
Equity
|
91.00%
|
91.00%
|
91.00%
|
91.00%
|
82.00%
|
73.00%
|
61.00%
|
48.50%
|
32.50%
|
32.50%
|
32.50%
|
U.S. Large Cap Equity
|
39.95%
|
39.95%
|
39.95%
|
39.95%
|
35.95%
|
32.10%
|
26.80%
|
21.30%
|
14.25%
|
14.25%
|
14.25%
|
U.S. Small/Mid Cap Equity
|
9.20%
|
9.20%
|
9.20%
|
9.20%
|
8.30%
|
7.35%
|
6.15%
|
4.90%
|
3.30%
|
3.30%
|
3.30%
|
REIT
|
5.45%
|
5.45%
|
5.45%
|
5.45%
|
4.95%
|
4.35%
|
3.65%
|
2.90%
|
1.95%
|
1.95%
|
1.95%
|
International Equity
|
27.30%
|
27.30%
|
27.30%
|
27.30%
|
24.60%
|
21.90%
|
18.30%
|
14.55%
|
9.75%
|
9.75%
|
9.75%
|
Emerging Markets Equity
|
9.10%
|
9.10%
|
9.10%
|
9.10%
|
8.20%
|
7.30%
|
6.10%
|
4.85%
|
3.25%
|
3.25%
|
3.25%
|
Commodities
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
Commodities
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
Fixed Income
|
9.00%
|
9.00%
|
9.00%
|
9.00%
|
18.00%
|
27.00%
|
39.00%
|
51.50%
|
62.50%
|
62.50%
|
62.50%
|
U.S. Fixed Income
|
6.10%
|
6.10%
|
6.10%
|
6.10%
|
13.70%
|
21.60%
|
31.20%
|
38.15%
|
41.25%
|
41.25%
|
41.25%
|
Inflation Managed
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
3.00%
|
7.50%
|
7.50%
|
7.50%
|
High Yield Fixed Income
|
1.95%
|
1.95%
|
1.95%
|
1.95%
|
2.80%
|
3.40%
|
5.00%
|
7.15%
|
10.00%
|
10.00%
|
10.00%
|
Emerging Markets Debt
|
0.95%
|
0.95%
|
0.95%
|
0.95%
|
1.50%
|
2.00%
|
2.80%
|
3.20%
|
3.75%
|
3.75%
|
3.75%
|
Money Market/Cash and Cash Equivalents
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
5.00%
|
5.00%
|
5.00%
|
Money Market/Cash and Cash Equivalents
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
0.00%
|
5.00%
|
5.00%
|
5.00%
|
YEAR-BY-YEAR RETURNS - CLASS R2 SHARES
|
Best Quarter
|
2nd quarter, 2020
|
16.93%
|
Worst Quarter
|
1st quarter, 2020
|
-20.08%
|
The Fund's year-to-date total return
|
through
|
9/30/21
|
was
|
8.63%
|
.
|
AVERAGE ANNUAL TOTAL RETURNS
(For periods ended December 31, 2020)
|
|||
Past
1 Year
|
Past
5 Years
|
Past
10 Years
|
|
CLASS R2 SHARES
|
|||
Return Before Taxes
|
14.34%
|
10.28%
|
8.86%
|
Return After Taxes on Distributions
|
13.10
|
8.82
|
7.69
|
Return After Taxes on Distributions and
Sale of Fund Shares
|
9.26
|
7.87
|
6.90
|
CLASS R3 SHARES
|
|||
Return Before Taxes
|
14.64
|
10.54
|
9.13
|
CLASS R4 SHARES
|
|||
Return Before Taxes
|
14.90
|
10.79
|
9.31
|
CLASS R5 SHARES
|
|||
Return Before Taxes
|
15.09
|
10.96
|
9.48
|
CLASS R6 SHARES
|
|||
Return Before Taxes
|
15.20
|
11.07
|
9.54
|
S&P TARGET DATE 2040 INDEX
(Reflects No Deduction for Fees,
Expenses, or Taxes)
|
13.37
|
10.95
|
9.26
|
JPM SMARTRETIREMENT 2040
COMPOSITE BENCHMARK
(Reflects No Deduction for Fees,
Expenses, or Taxes)
|
12.76
|
11.17
|
9.47
|
Portfolio Manager
|
Managed
Fund Since
|
Primary Title with
Investment Adviser
|
Daniel Oldroyd
|
2010
|
Managing Director
|
Silvia Trillo
|
2019
|
Managing Director
|
Jeffrey A. Geller
|
2008
|
Managing Director
|
For Class R6 Shares
|
|
To establish an account
|
$5,000,000 for Discretionary Accounts
|
$5,000,000 for Institutional Investors
|
|
$15,000,000 for Other Investors
|
|
To add to an account
|
No minimum levels
|