An impending manager retirement results in a downgrade to some share classes of the JPMorgan SmartRetirement Blend target-date series. This series is less costly than its active sibling, so the cheapest R6 share class keeps its Morningstar Analyst Rating of Gold, but the ratings of pricier share classes range from Silver to Neutral depending on their fee disadvantage.
Will JOBYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JOBYX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the JOBYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of JOBYX’s parent organization’s priorities and whether they’re in line with investors’ interests.