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JPMorgan SmartAllocation Equity Fund - A (SAEAX)

JPMorgan SmartAllocation Equity Fund - A (SAEAX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Top ten holdings (as of 3/31/2014)
1. Vanguard S&P 500 ETF 26.1%
2. iShares MSCI EAFE ETF 11.0%
3. JPMorgan U.S. Equity Fund, Class R6 8.3%
4. JPMorgan Value Advantage Fund, Class Institutional 6.0%
5. iShares MSCI Emerging Markets ETF 6.0%
6. JPMorgan Intrepid America Fund, Class R5 5.9%
7. JPMorgan Growth Advantage Fund, Class R5 5.9%
8. JPMorgan International Opportunities Fund, Class R6 4.4%
9. JPMorgan International Equity Fund, Class R6 4.4%
10. iShares Russell Mid-Cap ETF 3.5%
Total of top ten 81.5%
Portfolio holdings (as of 3/31/2014)
 
Vanguard S&P 500 ETF 26.1
iShares MSCI EAFE ETF 11.0
U.S. Equity Fund, Class R6 8.3
Value Advantage Fund, Class Institutional 6.0
iShares MSCI Emerging Markets ETF 6.0
Intrepid America Fund, Class R5 5.9
Growth Advantage Fund, Class R5 5.9
International Equity Fund, Class R6 4.4
International Opportunities Fund, Class R6 4.4
iShares Russell Mid-Cap ETF 3.5
Emerging Markets Equity Fund, Class R6 3.1
iShares Russell 2000 ETF 2.9
Emerging Economies Fund, Class R5 2.9
Intrepid International Fund, Class Institutional 2.3
Realty Income Fund, Class R5 2.1
International Realty Fund, Class R5 1.9
U.S. Small Company Fund, Class R6 1.5
Mid Cap Equity Fund, Class R6 1.5
Prime Money Market Fund, Class Institutional 0.4

*Due to rounding, values may not total 100%.
Managed by an unaffiliated investment advisor.

Strategic allocation (%)
U.S. Large Cap Equity 48.0
International Equity 22.0
Emerging Markets Equity 12.5
U.S. Small/Mid Cap Equity 11.5
REITs 6.0
Portfolio stats (as of 3/31/2014)
Number of Holdings 19
Fund Assets $40.46
(in millions)
Turnover Ratio 47.00%
(Trailing 12 month) (6/30/2013)
Wtd. Avg. Market Cap $27.1
(in billions)

What's this? Mouse over an  underlined  word to see its definition. Check out our glossary >

Certain Underlying Funds are highly concentrated in real estate securities including REITs. These securities are subject to the same risks as direct investments in real estate and mortgages, and their value will depend on the value of the underlying real estate interests. These risks include default, prepayments, changes in value resulting from changes in interest rates and demand for real and rental property, and the management skill and creditworthiness of REIT issuers. The Underlying Funds will indirectly bear their proportionate share of expenses, including management fees, paid by each REIT in which they invest in addition to the expenses of the Underlying Funds.

The price of equity securities may rise or fall because of changes in the broad market or changes in a company's financial condition, sometimes rapidly or unpredictably. These price movements may result from factors affecting individual companies, sectors or industries selected for the Fund's portfolio or the securities market as a whole, such as changes in economic or political conditions. Equity securities are subject to "stock market risk," meaning that stock prices in general (or in particular, the prices of the types of securities in which a fund invests) may decline over short or extended periods of time. When the value of a Fund's securities goes down, an investment in a Fund decreases in value.

International investing involves special risks, including economic, political, and currency instability - especially in emerging markets. The Fund's investments in emerging markets could lead to more volatility in the value of the Fund's shares. The small size of securities markets and the low trading volume may lead to a lack of liquidity, which leads to increased volatility. Emerging markets may not provide adequate legal protection for private or foreign investment or private property.

The Fund may use futures contracts, swaps, and derivatives in connection with its investment strategies. Derivatives are subject to the risk that changes in the value of a derivative may not correlate perfectly with the underlying asset, rate or index.