Manning & Napier Target 2045 Series Class I (MTUIX)
Manning & Napier Target 2045 Series Class I operates in the Asset Management industry of the Financial Services sector, headquartered in Fairport, NY. The stock last traded at $11.59, up 0.69% on the session, giving a market capitalisation of $30.5M. Its beta of 1.27 implies it has historically moved more than the broad market.
This investment product aims to generate substantial asset growth over the long term while simultaneously seeking to temper market fluctuations, all in alignment with its established portfolio distribution. It achieves these goals by strategically allocating its capital across a selection of underlying funds, adhering to a predefined investment mix strategy. These constituent funds, in turn, employ their own methods of asset allocation, primarily investing in stocks, bonds, and cash. Additionally, the fund retains the flexibility to invest directly in individual equity securities, fixed income instruments, and highly liquid assets, such as those found in money markets.
Manning & Napier Target 2045 Series Class I is most often compared with the following Financial Services names: