What is target date 2025 fund?
The investment seeks to provide capital appreciation with current income and provides a true ‘one decision’ diversified investment option for members throughout their working careers. It is automatically adjusted during the course of a specified time period aimed at a target retirement date.
Are American Funds Target Date funds to or through?
The American Funds 2030 Target Date Retirement Fund (the “American Fund”) is managed as a “through” retirement fund. For a comparison to a broader universe, we compare the American Fund to the S&P Target Date 2030 Index which includes target date funds managed both “to” and “through” retirement.
What is JPMorgan SmartRetirement?
The JPMorgan SmartRetirement Funds are target date funds with the target date being the approximate date when investors plan to retire. Generally, the asset allocation of each Fund will change on an annual basis with the asset allocation becoming more conservative as the Fund nears the target retirement date.
What is the average return of a target date fund?
Morningstar’s recent survey of target date funds reports that the average asset-weighted target date fund expense ratio in 2020 was 0.52%. That means if a fund had a 7% gross return (before fees), the net return after the expense ratio that investors would see is 6.48%.
Do American Funds have a load?
American Funds charges front-end loads and back-end loads, and has high expense ratios; Vanguard’s Funds are no-load and have low expense ratios. American Funds products are actively managed by portfolio managers; Vanguard Funds are passively managed.
What is JP Morgan target?
TARGET DATE FUNDS: The JPMorgan SmartRetirement Funds are target date funds with the target date being the approximate date when investors plan to retire. The principal value of the Fund(s) is not guaranteed at any time, including at the target date.