Manning & Napier Real Estate Series

Frequently Asked Questions About MNREX

What does MNREX invest in?

Typically, at least 80% of the fund's capital will be allocated to securities issued by companies whose primary operations lie within the real estate sector. This encompasses a broad spectrum of enterprises, including those directly involved in real estate development, ownership, or management, as well as businesses that provide services to or are otherwise closely associated with the broader real estate ecosystem. Furthermore, the fund's allocation to debt instruments is capped at 20% of the series' total assets, a limit determined at the time of purchase.

What is the expense ratio of MNREX?

An expense ratio for Manning & Napier Real Estate Series (MNREX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is MNREX?

Manning & Napier Real Estate Series (MNREX) manages $249.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MNREX actively managed or an index fund?

MNREX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was MNREX launched?

Manning & Napier Real Estate Series (MNREX) launched in November 2009 and is managed by the fund issuer.

How has MNREX performed?

MNREX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.