SSCNX – State Street Target Retirement 2040 I Investment Strategy | Morningstar

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Strategy

The investment seeks capital growth and income over the long term. SSGA Funds Management, Inc. (the "Adviser" or "SSGA FM") manages the Target Retirement 2040 Fund using a proprietary asset allocation strategy. The fund is a "fund of funds" that invests in a combination of mutual funds and ETFs sponsored by the Adviser or its affiliates ("underlying funds"). It is intended for investors expecting to retire around the year 2040 and who are likely to stop making new investments in the fund at that time.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SSCNX	State Street Target Retirement 2040 Fund Class I	Institutional	Open			Sep 30, 2014	$2.38M	0.290%	Below Average	$0	−$5.46M
SSCQX	State Street Target Retirement 2040 Fund Class K	Retirement, Large	Open			Sep 30, 2014	$3.55B	0.090%	Low	$0	−$31.94M
SSAKX	State Street Target Retirement 2040 Fund Class R3	Retirement, Medium	Open			Feb 25, 2022	$35.72M	0.590%	Low	$0	−$981,454.23

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