City of Rockville Retirement Board Agenda May 2026
JP Morgan SMID Cap Equity to be Mapped to Vanguard Index
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Description
Rockville’s Retirement Board confirmed that the JP Morgan SMID Cap Equity fund in the Thrift and 457 Plans will be mapped to the Vanguard Mid Cap Equity Index in March, shifting assets from an actively managed strategy to a passive index option. This change responds to relative performance and lineup structure considerations.
Contract Details
Vendor
JP MORGAN SMID CAP EQUITY
Agency
City of Rockville, MD
Contract Type
FINANCIAL_SERVICES
Document Date
May 13, 2026
Renewal Info
Fund is being mapped away to Vanguard Mid Cap Equity Index in March, effectively ending its use in the plan lineup.
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