Manning & Napier Target 2040 Series Class I (MTTIX)
Manning & Napier Target 2040 Series Class I operates in the Asset Management industry of the Financial Services sector, headquartered in Fairport, NY. The stock last traded at $9.21, up 0.77% on the session, giving a market capitalisation of $46.9M. Its beta of 1.12 implies it has historically moved more than the broad market.
The fund strives to achieve its financial goals by deploying capital into a diverse selection of subsidiary investment funds. This approach is guided by a predefined strategic asset allocation model. These underlying portfolios, in turn, implement their own asset allocation strategies, diversifying across a mix of stocks, bonds, and liquid cash holdings. Additionally, the fund has the discretion to invest directly in individual equity and fixed income securities, as well as various cash equivalents, including money market instruments.
Manning & Napier Target 2040 Series Class I is most often compared with the following Financial Services names: