JPMorgan
SmartRetirement® Blend 2030 Fund Class/Ticker: I/JRBEX |
ANNUAL
FUND OPERATING EXPENSES (Expenses that you pay each year as a percentage of the value of your investment) | |
Class I | |
Management Fees1 | 0.15% |
Distribution (Rule 12b-1) Fees | NONE |
Other Expenses | 0.35 |
Service Fees | 0.25 |
Remainder of Other Expenses2 | 0.10 |
Acquired Fund (Underlying Fund) Fees and Expenses3 | 0.17 |
Total Annual Fund Operating Expenses | 0.67 |
Fee Waivers and/or Expense Reimbursements4 | (0.23) |
Total Annual Fund Operating Expenses after Fee Waivers and/or Expense Reimbursements4 | 0.44 |
1 | "Management Fees" has been restated to reflect current fees. |
2 | “Remainder of Other Expenses” has been calculated based on the actual other expenses incurred in the most recent fiscal year. |
3 | “Acquired Fund (Underlying Fund) Fees and Expenses” has been restated to reflect changes to the Fund’s allocation to Underlying Funds and direct investments, prior to 11/01/20. |
4 | The Fund’s adviser and/or its affiliates have contractually agreed to waive fees and/or reimburse expenses to the extent Total Annual Fund Operating Expenses (excluding (1) dividend and interest expenses related to short sales, interest, taxes, expenses related to litigation and potential litigation, expenses related to trustee elections, and extraordinary expenses incurred by the Fund or an underlying fund and (2) Acquired Fund (Underlying Fund) Fees and Expenses incurred by an underlying fund) exceed 0.44% of the average daily net assets of Class I Shares. These waivers are in effect through 10/31/21, at which time it will be determined whether such waivers will be renewed or revised. To the extent that the Fund engages in securities lending, affiliated money market fund fees and expenses resulting from the Fund’s investment of cash received from securities lending borrowers are not included in Total Annual Fund Operating Expenses and therefore, the above waivers do not apply to such investments. |
WHETHER OR NOT YOU SELL YOUR SHARES, YOUR COST WOULD BE: | |||||||
1 Year | 3 Years | 5 Years | 10 Years | ||||
CLASS I SHARES ($) | 45 | 191 | 350 | 813 |
Strategic Target Allocations1 | |||||||||||
Years to Target Retirement Date | 40+ | 35 | 30 | 25 | 20 | 15 | 10 | 5 | 0 | -5 | -10 |
Equity | 91.0% | 91.0% | 91.0% | 91.0% | 82.0% | 73.0% | 61.0% | 48.5% | 32.5% | 32.5% | 32.5% |
U.S. Large Cap Equity | 40.0% | 40.0% | 40.0% | 40.0% | 36.0% | 32.1% | 26.8% | 21.3% | 14.3% | 14.3% | 14.3% |
U.S. Small Cap Equity | 9.2% | 9.2% | 9.2% | 9.2% | 8.3% | 7.4% | 6.2% | 4.9% | 3.3% | 3.3% | 3.3% |
REITs | 5.5% | 5.5% | 5.5% | 5.5% | 5.0% | 4.4% | 3.7% | 2.9% | 2.0% | 2.0% | 2.0% |
International Equity | 27.3% | 27.3% | 27.3% | 27.3% | 24.6% | 21.9% | 18.3% | 14.6% | 9.8% | 9.8% | 9.8% |
Emerging Markets Equity | 9.1% | 9.1% | 9.1% | 9.1% | 8.2% | 7.3% | 6.1% | 4.9% | 3.3% | 3.3% | 3.3% |
Commodities | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Commodities | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Fixed Income | 9.0% | 9.0% | 9.0% | 9.0% | 18.0% | 27.0% | 39.0% | 51.5% | 62.5% | 62.5% | 62.5% |
U.S. Fixed Income | 6.1% | 6.1% | 6.1% | 6.1% | 13.7% | 21.6% | 31.2% | 38.2% | 41.3% | 41.3% | 41.3% |
Inflation Managed | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 3.0% | 7.5% | 7.5% | 7.5% |
High Yield Fixed Income | 2.0% | 2.0% | 2.0% | 2.0% | 2.8% | 3.4% | 5.0% | 7.2% | 10.0% | 10.0% | 10.0% |
Emerging Markets Debt | 1.0% | 1.0% | 1.0% | 1.0% | 1.5% | 2.0% | 2.8% | 3.2% | 3.8% | 3.8% | 3.8% |
Money Market Funds/Cash and Cash Equivalents | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 5.0% | 5.0% | 5.0% |
Money Market Funds/Cash and Cash Equivalents | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 5.0% | 5.0% | 5.0% |
YEAR-BY-YEAR RETURNS |
Best Quarter | 1st quarter, 2019 | 9.31% |
Worst Quarter | 4th quarter, 2018 | -8.71% |
AVERAGE
ANNUAL TOTAL RETURNS (For periods ended December 31, 2019) | |||||
Past
1 Year |
Past
5 Years |
Life
of Fund (since 07/02/2012) | |||
CLASS I SHARES | |||||
Return Before Taxes | 20.08% | 6.89% | 8.69% | ||
Return After Taxes on Distributions | 18.92 | 5.73 | 7.59 | ||
Return After Taxes on Distributions and Sale of Fund Shares | 12.06 | 4.89 | 6.46 | ||
S&P TARGET DATE 2030 INDEX1 | |||||
(Reflects No Deduction for Fees, Expenses, or Taxes) | 20.38 | 7.27 | 9.01 |
1 | On 6/1/17, the methodology used to calculate the S&P Target Date 2030 Index was changed. Prior to 6/1/17, the S&P Target Date 2030 Index was comprised of ETFs, adjusted to remove the impact of ETF fees. Effective 6/1/17, the S&P Target Date 2030 Index is comprised of underlying indices of securities. |
Portfolio Manager | Managed
Fund Since |
Primary
Title with Investment Adviser |
Daniel Oldroyd | 2012 | Managing Director |
Silvia Trillo | 2019 | Managing Director |
Jeffrey A. Geller | 2012 | Managing Director |
For Class I Shares | |
To establish an account | $1,000,000 |
To add to an account | No minimum levels |
• | Through your Financial Intermediary |
• | By writing to J.P. Morgan Funds Services, P.O. Box 219143, Kansas City, MO 64121-9143 |
• | After you open an account, by calling J.P. Morgan Funds Services at 1-800-480-4111 |