BONDS - Includes Cash alternatives like CD's, money markets and T-bills, U.S. bonds, TIPS or Treasury inflation protected securities, Emerging markets bonds and High yield bonds
STOCKS - Includes U.S. large cap stocks, U.S. small/mid cap stocks, Commodities, Global natural resources stocks, Emerging markets stocks, REITs or Real Estate Investment Trusts and International stocks
When you select a SmartRetirement Fund, you're automatically invested in more than 15 underlying funds across two asset classes - stocks and bonds. By investing in the fund, a team of more than 90 investment professionals at J.P. Morgan* is responsible for shifting the allocation from stocks to bonds as the fund approaches its target date. This way your fund automatically changes to become more conservative as you approach your target retirement date.
Since each SmartRetirement fund is dynamically managed for a specific date in the future, you'll want to consider selecting one named for the year closest to when you plan to retire and begin withdrawing from your account.
*As of December 31, 2013
This fund assumes you plan to retire at age 65. Your plan may not offer all of these funds.