J.P. Morgan Asset Management

  1. JPMorgan SmartRetirement® Passive Blend 2045

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JPMorgan SmartRetirement® Passive Blend 2045
For individuals born between 1979 and 1983

When you select a SmartRetirement Passive Blend Fund, you're automatically invested in more than 20 underlying funds across two asset classes - stocks and bonds. By investing in the fund, a team of more than 100 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 Passive Blend 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.


Select a different Fund

  • JPMorgan SmartRetirement Passive Blend Income
  • JPMorgan SmartRetirement Passive Blend 2025
  • JPMorgan SmartRetirement Passive Blend 2030
  • JPMorgan SmartRetirement Passive Blend 2035
  • JPMorgan SmartRetirement Passive Blend 2040
  • JPMorgan SmartRetirement Passive Blend 2045
  • JPMorgan SmartRetirement Passive Blend 2050
  • JPMorgan SmartRetirement Passive Blend 2055
  • JPMorgan SmartRetirement Passive Blend 2060
  • JPMorgan SmartRetirement Passive Blend 2065

*As of 3/31/2023.

Chart showing the SmartRetirement asset allocation starting from age 20 through age 80. SmartRetirement automatically becomes more conservative as you approach your target date which is shown at age 65.
This fund assumes you plan to retire at age 65. Your plan may not offer all of these funds.

Why SmartRetirement Passive Blend? Hear from investors like you.

Karen Douglas

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[MUSIC PLAYING] Target date fund changes over time. It takes into account when I would retire, and starts phasing out of the more risky investments towards a more balanced or more conservative approach so that I have more stability at the time that I might retire. So before-- well, if I even bothered-- it was me going out trying to figure out which fund or mutual fund to invest in, and then having to go out online, make those choices, make those changes, watch everything that's going on, and trying to figure out for myself what I need to do. 

 

And instead of that, a target date fund will allow me to let a professional do that for me. Investing in a target date fund is like what I've done for myself. I've lost 150 pounds, I gained 40 of it back, and realized I wasn't the one that was able to do this all on my own. I needed some experts to help me. So I've hired a nutritionist and a personal trainer to help me get back on track. And so that's what you do when you use a target date fund. It helps you stay on track without you having to do all of the work. 

 

This material has been prepared for informational and educational purposes only. It is not intended to provide and should not be relied upon for investment, accounting, legal, or tax advice. JP Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase and company and its affiliates worldwide. 

It helps you stay on track

Sticking to a goal is very important to Karen, having her investments automatically adjust easily helps her prepare for retirement

Matthew Fetchko

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[MUSIC PLAYING] So I think a target date fund is designed to provide opportunity for savings, and rather than have a do-it-yourself approach, it puts more knowledgeable people in charge of the decisions. And I always think that, when there is someone who is knowledgeable at something offering to help you, you should take advantage of that. You would be foolish not to. My target date fund invests more aggressively the further I am from retirement, and then, as I get closer to my retirement date, the assets shift into less aggressive investment options. I like the target date fund concept because it allows me to not have to add one more thing to do on my already too long list of things to do. And with something like retirement, which is so important, but also so far off at this point, it means that something is taken care of for me. This material has been prepared for informational and educational purposes only. It is not intended to provide and should not be relied upon for investment, accounting, legal, or tax advice. JP Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase and Company and its affiliates worldwide.

Something is taken care of for me

To Matthew, retirement is so far off in the future, he likes that his money is managed by our experts so he doesn’t have to worry

Patty Ludlow

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[MUSIC PLAYING] I think the benefits of investing in a target a fund are that you really don't have to do a lot of thinking around it. You what your target retirement date is, and you put yourself into that target date fund, and you have people do the management around what funds, you should really be invested in to maximize based on that retirement goal date.

Early on, if you're younger, they're going to put you in more aggressive funds, and as you get a little bit older or closer to retirement, they're going to put you into more stable funds. I guess, in my mind, it's their job. They do this every day. I am not an expert in target date funds or picking my own portfolio. Probably my expertise is changing diapers, and cleaning the house, and cooking dinner, and that kind of thing.

So of course, they're going to be more knowledgeable about, if my retirement date is 2050-- and they're looking at statistics, they're looking at market information, they're looking at all this on a day-to-day basis, and I just don't have the time to do that. I think the very best thing about target date funds are you put your money into it, and there is someone on the other side of the wall who's going to do all the work for you.

This material has been prepared for informational and educational purposes only. It is not intended to provide and should not be relied upon for investment, accounting, legal, or tax advice. JP Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase and Company and its affiliates worldwide.

In my mind it’s their job they do this every day

Patty is confident that her investment is diversified and managed by a dedicated team of investment professionals.

What's in the 2045 Fund?*

sr-donut-2045-fund

*As of January 31, 2024.

Award-winning funds

SmartRetirement and SmartRetirement Blend rated bronze(1) by MorningstarMorning star Bronze award logo

(1) Morningstar, US Fund Target Date categories. Medalist rating as of 10/03/22; applies to the SmartRetirement and SmartRetirement Blend R6 mutual funds.

Resources

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  • Class CF
  • Class CF-A
  • Class CF-B
  • Class CF-C
  • Class CF-D
  • Class CF-E
  • Class CF-10
  • Class CF-20
  • Class CF-35

At least choosing a retirement fund can be easy.

Brochure: An introduction to SmartRetirement funds and how they work.

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This website was created for informational and educational purposes only. It’s not meant to be a recommendation from J.P. Morgan Asset Management, its affiliates or representatives for any specific investment strategy or specific course of action—or any action at all. Materials like this are part of product marketing efforts and are not impartial. Any examples are just hypothetical illustrations provided to help explain a point. Before you make any investment decisions, contact the professionals, such as your tax advisor, who know your personal financial situation best.

The Commingled Pension trust Fund (JPMCB SmartRetirement Passive Blend) of JPMorgan Chase bank N.A. is a collective trust fund established and maintained by JPMorgan Chase Bank N.A. under a declaration of trust. The fund is not required to file a prospectus or registration statement with the SEC, and accordingly, neither is available, but a copy of the Fund Summary is available from your employer. The fund is available only to certain qualified retirement and government plans and is not offered to the general public. Units of the fund are not bank deposits and are not insured or guaranteed by any bank, government entity, the FDIC or any other type of deposit insurance.

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. The principal value of the Fund(s) is not guaranteed at any time, including at the target date.

Certain underlying funds of the SmartRetirement Funds may have unique risks associated with investments in foreign/ emerging markets securities and/or fixed income instruments. International investing involves increased risk and volatility due to currency exchange rate changes; political, social or economic instability; and accounting or other financial standard differences.

The strategic asset allocation depicts the funds targeted weights. Actual allocations may differ. We may adjust this amount based on J.P. Morgan’s internal research and market conditions.

Asset allocation strategy for Target Date Funds is designed with two main goals in mind: promoting asset accumulation prior to retirement, which is the Fund’s “Savings Phase,” and supporting investors withdrawing their investment in the Fund throughout retirement, which is the Fund’s “Spending Phase.” Therefore, the asset allocation strategy will change over time, generally becoming more conservative as it approaches the target retirement year and then remaining relatively stable afterwards. The asset allocation strategy during the Savings Phase will generally start with a greater emphasis on global equity investments and gradually shift to more emphasis on global fixed income investments. During the Spending Phase, the Fund will generally have a greater emphasis on global fixed income investments. The Spending Phase of the Fund is designed for investors in retirement who intend to spend down their holdings in the Fund.

(1) Morningstar, US Fund Target Date categories. Medalist rating as of 10/03/22; applies to the SmartRetirement and SmartRetirement Blend R6 mutual funds. The Morningstar Medalist RatingTM is a summary expression of Morningstar’s forwardlooking analysis of investment strategies using a rating scale of Gold, Silver, Bronze, Neutral and Negative. Medalist Ratings indicate which investments Morningstar believes are likely to outperform a relevant index or peer group average on a risk-adjusted basis over time. Products are evaluated on three key pillars (People, Parent, and Process) which, when coupled with fees, forms the basis for Morningstar’s conviction in those products’ investment merits and determines the Medalist Rating assigned. Products are sorted by expected performance into rating groups defined by their Morningstar Category and their active or passive status. Analyst-covered products are assigned the three pillar ratings based on the analyst’s qualitative assessment, subject to the Analyst Rating Committee’s oversight, monitored and reevaluated at least every 14 months. Ratings are assigned monthly for vehicles covered either indirectly by analysts or by algorithm. For more detailed information including methodology, please go to global.morningstar.com/managerdisclosures.

Ratings and rankings should not be used as the sole basis in evaluating an investment product and should not be considered an offer or solicitation to buy or sell the investment product.

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J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. and its affiliates worldwide. J.P. Morgan Funds are distributed by JPMorgan Distribution Services, Inc.; member of FINRA. FINRA's BrokerCheck

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