JPMorgan Asset Management Rolls Out Fund Tracking System

Tom Burroughes Editor London 16 September 2008

JPMorgan Asset Management Rolls Out Fund Tracking System

JPMorgan Asset Management said it has rolled out its JPMorgan's “Target Date NavigatorSM”, which is a system designed to help advisors and their plan sponsor clients to spot funds that best suit a person's investment goals and savings behaviour.

“Target Date Navigator” is the first system, JPMorgan says, to categorise funds according to their investment composition and strategy in achieving an investment goal over a period of time.

JPMorgan says not all target date funds are similar in their investment time horizons and level of asset class diversification. It says this new tool fills a gap in the market in determining which funds might best fit the particular needs and the goals of each retirement plan.

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