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SMTAX JPMorgan SmartRetirement® 2040 A

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Fund SMTAX JPMorgan SmartRetirement® 2040 A VFORX Vanguard Target Retirement 2040 Inv TRHRX T. Rowe Price Target 2040  
Similarity
?
100% 98% 99%
Annual Fees
?
$93.94
(0.90% Exp. Ratio)
$16.70
(0.16% Exp. Ratio)
$77.24
(0.74% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.38% annual return
$27,576.63 $34,472.18 $28,944.07
Est. savings over 30 yrs +$6,895.55 +$1,367.45
Return
As of 11/30/16
1 YR RETURN 3.06%
3 YR 4.20%
5 YR 9.86%
10 YR 5.21%
1 YR RETURN 4.88%
3 YR 4.73%
5 YR 10.10%
10 YR 5.21%
1 YR RETURN 4.61%
3 YR 4.67%
5 YR --
10 YR --
Description
The investment seeks high total return with a shift to current income and some capital appreciation over time as the fund approaches and passes the target retirement date. The fund is a "fund of funds" that invests in other J.P. Morgan Funds (underlying funds), and is generally intended for investors expecting to retire around the year 2040 (target retirement date). It is designed to provide exposure to a variety of asset classes through investments in underlying funds, and over time the fund's asset allocation strategy will change.
The investment seeks to provide capital appreciation and current income consistent with its current asset allocation. The fund invests in other Vanguard mutual funds according to an asset allocation strategy designed for investors planning to retire and leave the workforce in or within a few years of 2040 (the target year). The fund's asset allocation will become more conservative over time, meaning that the percentage of assets allocated to stocks will decrease while the percentage of assets allocated to bonds and other fixed income investments will increase.
The investment seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund pursues its objective by investing in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. It is managed based on the specific retirement year (target date 2040) included in its name and assumes a retirement age of 65. The target date refers to the approximate year an investor in the fund would plan to retire and likely stop making new investments in the fund.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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