THE ONE-STEP CHOICE

The One-Step Choice offers a convenient solution if:

  • You don’t have the time or experience for investment research.
  • You prefer to have your retirement investments professionally managed.

The One-Step Choice keeps things simple. You choose a single JPMorgan Smart Retirement fund to invest in. It’s a convenient, low-maintenance way to have your retirement investments professionally managed for you.

JPMorgan Smart Retirement funds have names that match specific investment time horizons. So all you need to do is:

  • Decide how many more years until you expect to retire.
  • Then choose a JPMorgan Smart Retirement fund closest to your expected retirement year.

What is a JPMorgan Smart Retirement fund?

JPMorgan Smart Retirement funds invest in a mix of assets. Sometimes called "target date funds," "retirement funds," or "age-based funds," they are designed and managed for investors who have a specific target retirement year in mind. The target date is an approximate date when investors may plan to begin withdrawing from the fund.

JPMorgan Smart Retirement funds invest in a mix of mutual funds including stocks, bonds and real estate investments. 1

How Do JPMorgan Smart Retirement funds Work?

In a JPMorgan Smart Retirement fund, the mix of assets changes over time to potentially maximize return and minimize risk as the target year approaches.

  • JPMorgan Smart Retirement funds are adjusted periodically to maintain an asset allocation appropriate for the fund’s time horizon. 2
  • Each JPMorgan Smart Retirement fund’s investments are adjusted from more aggressive to more conservative as a target retirement year approaches.2
  • Approximately seven to ten years after a JPMorgan Smart Retirement fund’s target date, a JPMorgan Smart Retirement fund may merge into the Retirement Income Fund or a similar fund.

As with all mutual funds, the principal value in a Lifecycle Fund is not guaranteed. Also, please note that the target date of the Lifecycle Fund is an approximate date when investors plan to begin withdrawing from the fund. Approximately seven to ten years after a Lifecycle Fund’s target date, the fund may merge into the Lifecycle Retirement Income Fund or a similar fund.


1 Diversification and reallocating/rebalancing cannot ensure a profit nor eliminate market risk and that the principal value of these funds is not guaranteed at any time. In addition to the fund level expenses, JPMorgan Smart Retirement funds are also subject to the expenses of their underlying investments.

2 JPMorgan Smart Retirement funds share the risks associated with the types of securities held by each of the underlying funds in which they invest, including market risk, company risk, foreign investment risks, interest-rate risk, credit risk, illiquid security risk, prepayment risk and extension risk. For a detailed discussion of risk, consult the prospectus.

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