Mutual Funds

Equity Series

Investment Objective

To provide long-term growth of capital by investing primarily in common stocks of U.S. issuers.

Investment Strategy

The Series primarily invests in common stocks. It may invest in large, mid, and small size companies within the U.S.

May be Appropriate for Investors

  • Seeking high rates of return typically associated with the stock market over time
  • Willing to accept the higher level of short-term volatility associated with the stock market

Daily Price

$16.15

Daily $ Change

$0.08

Daily % Change

0.50%

as of 10/09/2024

Ticker

EXEYX

CUSIP

563821602

Inception Date

05/01/1998

Investment Minimum

$2,000.00

Investment minimum may be waived for certain qualified retirement plans, participants in an automatic investment program, and discretionary investment accounts of the Advisor.

Important Documents

Summary Prospectus
Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Proxy Voting Record
Applications & Forms
Fact Sheet
N-Port Part F Reports

Performance

As of 09/30/2024

YTD

14.93%

1 Year

31.22%

3 Year

7.62%

5 Year

14.20%

10 Year

11.89%

Inception
(05/01/1998)

9.53%

Performance data quoted represents past performance and does not guarantee future results. Performance for periods greater than one year is annualized. The investment return and principal value of an investment will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than that quoted.

Prior to 07/10/2002, all performance figures reflect the performance of the Exeter Trust Company Group Trust for Employee Benefit Plans: All-Equity Collective Investment Trust fund (the “Collective”), which was managed by Manning & Napier Advisors, Inc. (predecessor to Manning & Napier Advisors, LLC), an affiliate of the distributor, and reorganized into the Manning & Napier Fund, Inc. Equity Series on 07/10/2002. The Collective was not open to the public generally or registered under the Investment Company Act of 1940 and the fees of the Collective were lower than the Series’ fees. Therefore, historical performance of the Collective would have been lower if the Collective had been subject to the same fees as the Series.

Expense Ratio

Gross 1.37%
Net 1.06%*

*Includes a shareholder servicing fee of 0.25%. Reflects the Advisor’s contractual agreement to limit its fees and reimburse certain expenses. The contractual waiver may not be amended or terminated without the prior approval of the Fund’s Board of Directors.

Top Ten Investments

As of 09/30/2024

AMAZON COM INC 5.48%
META PLATFORMS INC CL A 5.24%
MICROSOFT CORP 4.99%
ALPHABET INC CAP STK CL A 4.68%
MASTERCARD INCORPORATED CL A 4.12%
NVIDIA CORP 3.23%
SERVICENOW INC 3.11%
VISA INC 2.97%
COPART INC 2.90%
ELECTRONIC ARTS INC 2.86%

Top Ten Investments list is unaudited and excludes cash

Sector Allocation

As of 09/30/2024

Industrials
21.90%
Financials
20.48%
Information Technology
19.78%
Communication Services
12.78%
Health Care
11.74%
Consumer Discretionary
5.48%
Consumer Staples
4.84%
Utilities
1.71%
Materials
1.30%

The Global Industry Classification Standard (GICS) was developed by and is the exclusive property and a service mark of MSCI Inc. (MSCI) and Standard & Poor’s, a division of S&P Global Inc. (S&P), and is licensed for use by Manning & Napier when referencing GICS sectors. Neither MSCI, S&P, nor any third party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification, nor shall any such party have any liability therefrom.

Security Description Country Ticker Shares/Par Market Value (USD)
ALPHABET INC CAP STK CL A US GOOGL 19,678 $3,263,596.30
AMAZON COM INC US AMZN 20,500 $3,819,765.00
APPLE INC COM US AAPL 6,379 $1,486,307.00
APPLIED MATLS INC US AMAT 2,876 $581,095.80
BLACKROCK INC US BLK 1,752 $1,663,541.52
CBOE GLOBAL MARKETS INC US CBOE 3,573 $732,000.51
COCA COLA CO US KO 22,090 $1,587,387.40
CONSTELLATION BRANDS INC US STZ 6,947 $1,790,172.43
COPART INC US CPRT 38,644 $2,024,945.60
CSX CORP US CSX 52,171 $1,801,464.63
ELECTRONIC ARTS INC US EA 13,910 $1,995,250.40
EPAM SYS INC US EPAM 7,133 $1,419,680.99
EQUIFAX INC US EFX 5,407 $1,588,901.02
EVERGY INC COM US EVRG 19,196 $1,190,343.96
FISERV INC US FI 8,865 $1,592,597.25
HEICO CORP NEW US HEI A 4,052 $825,635.52
HUMANA INC US HUM 3,444 $1,090,852.56
IDEXX LABS INC US IDXX 1,274 $643,650.28
INTERCONTINENTAL EXCHANGE INC COM US ICE 4,440 $713,241.60
INTUIT US INTU 1,659 $1,030,239.00
INTUITIVE SURGICAL INC US ISRG 2,274 $1,117,147.98
J P MORGAN CHASE AND CO US JPM 5,296 $1,116,714.56
JOHNSON AND JOHNSON US JNJ 10,417 $1,688,179.02
L3HARRIS TECHNOLOGIES INC COM US LHX 8,033 $1,910,809.71
MASCO CORP US MAS 14,006 $1,175,663.64
MASTERCARD INCORPORATED CL A US MA 5,823 $2,875,397.40
META PLATFORMS INC CL A US META 6,382 $3,653,312.08
MICROSOFT CORP US MSFT 8,091 $3,481,557.30
MOODYS CORP US MCO 2,248 $1,066,878.32
MSCI INC US MSCI 1,434 $835,921.62
NASDAQ STOCK MARKET INC US NDAQ 9,942 $725,865.42
NORFOLK SOUTHERN CORP US NSC 4,787 $1,189,569.50
NORTHROP GRUMMAN CORP US NOC 2,130 $1,124,789.10
NVIDIA CORP US NVDA 18,536 $2,251,011.84
ROLLINS INC US ROL 15,419 $779,893.02
S AND P GLOBAL INC US SPGI 1,725 $891,169.50
SALESFORCE INC COM US CRM 5,006 $1,370,192.26
SERVICENOW INC US NOW 2,428 $2,171,578.92
SHERWIN WILLIAMS CO US SHW 2,372 $905,321.24
THERMO FISHER SCIENTIFIC INC COM US TMO 2,634 $1,629,313.38
TRANSUNION US TRU 15,484 $1,621,174.80
UNION PAC CORP US UNP 4,994 $1,230,921.12
UNITEDHEALTH GROUP INC US UNH 1,881 $1,099,783.08
US DOLLARS US USD 2,574,342.31 $2,574,342.31
VERTEX PHARMACEUTICALS INC US VRTX 1,969 $915,742.52
VISA INC US V 7,532 $2,070,923.40

Investments will change over time.

Distributions

  • 2024 Distribution Calendar
  • 2024 Distributions
  • 2023 Distributions
  • 2022 Distributions
  • 2021 Distributions
  • 2020 Distributions
  • Tax Letter

A Word About Risk

All investments involve risks, including possible loss of principal. As with any stock fund, the value of your investment will fluctuate in response to stock market movements. Investing in the Series will also involve a number of other risks, including issuer-specific risk, small-cap/mid-cap risk, and interest rate risk.

Daily Price

$16.15

Daily $ Change

$0.08

Daily % Change

0.50%

as of 10/09/2024

Ticker

EXEYX

CUSIP

563821602

Inception Date

05/01/1998

Investment Minimum

$2,000.00

Investment minimum may be waived for certain qualified retirement plans, participants in an automatic investment program, and discretionary investment accounts of the Advisor.

Important Documents

Summary Prospectus
Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Proxy Voting Record
Applications & Forms
Fact Sheet
N-Port Part F Reports

Investment Objective

To provide long-term growth of capital by investing primarily in common stocks of U.S. issuers.

Investment Strategy

The Series primarily invests in common stocks. It may invest in large, mid, and small size companies within the U.S.

May be Appropriate for Investors

  • Seeking high rates of return typically associated with the stock market over time
  • Willing to accept the higher level of short-term volatility associated with the stock market

Performance

As of 09/30/2024

YTD

14.93%

1 Year

31.22%

3 Year

7.62%

5 Year

14.20%

10 Year

11.89%

Inception
(05/01/1998)

9.53%

Performance data quoted represents past performance and does not guarantee future results. Performance for periods greater than one year is annualized. The investment return and principal value of an investment will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than that quoted.

Prior to 07/10/2002, all performance figures reflect the performance of the Exeter Trust Company Group Trust for Employee Benefit Plans: All-Equity Collective Investment Trust fund (the “Collective”), which was managed by Manning & Napier Advisors, Inc. (predecessor to Manning & Napier Advisors, LLC), an affiliate of the distributor, and reorganized into the Manning & Napier Fund, Inc. Equity Series on 07/10/2002. The Collective was not open to the public generally or registered under the Investment Company Act of 1940 and the fees of the Collective were lower than the Series’ fees. Therefore, historical performance of the Collective would have been lower if the Collective had been subject to the same fees as the Series.

Expense Ratio

Gross 1.37%
Net 1.06%*

*Includes a shareholder servicing fee of 0.25%. Reflects the Advisor’s contractual agreement to limit its fees and reimburse certain expenses. The contractual waiver may not be amended or terminated without the prior approval of the Fund’s Board of Directors.

Top Ten Investments

As of 09/30/2024

AMAZON COM INC 5.48%
META PLATFORMS INC CL A 5.24%
MICROSOFT CORP 4.99%
ALPHABET INC CAP STK CL A 4.68%
MASTERCARD INCORPORATED CL A 4.12%
NVIDIA CORP 3.23%
SERVICENOW INC 3.11%
VISA INC 2.97%
COPART INC 2.90%
ELECTRONIC ARTS INC 2.86%

Top Ten Investments list is unaudited and excludes cash

Sector Allocation

As of 09/30/2024

Industrials
21.90%
Financials
20.48%
Information Technology
19.78%
Communication Services
12.78%
Health Care
11.74%
Consumer Discretionary
5.48%
Consumer Staples
4.84%
Utilities
1.71%
Materials
1.30%

The Global Industry Classification Standard (GICS) was developed by and is the exclusive property and a service mark of MSCI Inc. (MSCI) and Standard & Poor’s, a division of S&P Global Inc. (S&P), and is licensed for use by Manning & Napier when referencing GICS sectors. Neither MSCI, S&P, nor any third party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification, nor shall any such party have any liability therefrom.

Security Description Country Ticker Shares/Par Market Value (USD)
ALPHABET INC CAP STK CL A US GOOGL 19,678 $3,263,596.30
AMAZON COM INC US AMZN 20,500 $3,819,765.00
APPLE INC COM US AAPL 6,379 $1,486,307.00
APPLIED MATLS INC US AMAT 2,876 $581,095.80
BLACKROCK INC US BLK 1,752 $1,663,541.52
CBOE GLOBAL MARKETS INC US CBOE 3,573 $732,000.51
COCA COLA CO US KO 22,090 $1,587,387.40
CONSTELLATION BRANDS INC US STZ 6,947 $1,790,172.43
COPART INC US CPRT 38,644 $2,024,945.60
CSX CORP US CSX 52,171 $1,801,464.63
ELECTRONIC ARTS INC US EA 13,910 $1,995,250.40
EPAM SYS INC US EPAM 7,133 $1,419,680.99
EQUIFAX INC US EFX 5,407 $1,588,901.02
EVERGY INC COM US EVRG 19,196 $1,190,343.96
FISERV INC US FI 8,865 $1,592,597.25
HEICO CORP NEW US HEI A 4,052 $825,635.52
HUMANA INC US HUM 3,444 $1,090,852.56
IDEXX LABS INC US IDXX 1,274 $643,650.28
INTERCONTINENTAL EXCHANGE INC COM US ICE 4,440 $713,241.60
INTUIT US INTU 1,659 $1,030,239.00
INTUITIVE SURGICAL INC US ISRG 2,274 $1,117,147.98
J P MORGAN CHASE AND CO US JPM 5,296 $1,116,714.56
JOHNSON AND JOHNSON US JNJ 10,417 $1,688,179.02
L3HARRIS TECHNOLOGIES INC COM US LHX 8,033 $1,910,809.71
MASCO CORP US MAS 14,006 $1,175,663.64
MASTERCARD INCORPORATED CL A US MA 5,823 $2,875,397.40
META PLATFORMS INC CL A US META 6,382 $3,653,312.08
MICROSOFT CORP US MSFT 8,091 $3,481,557.30
MOODYS CORP US MCO 2,248 $1,066,878.32
MSCI INC US MSCI 1,434 $835,921.62
NASDAQ STOCK MARKET INC US NDAQ 9,942 $725,865.42
NORFOLK SOUTHERN CORP US NSC 4,787 $1,189,569.50
NORTHROP GRUMMAN CORP US NOC 2,130 $1,124,789.10
NVIDIA CORP US NVDA 18,536 $2,251,011.84
ROLLINS INC US ROL 15,419 $779,893.02
S AND P GLOBAL INC US SPGI 1,725 $891,169.50
SALESFORCE INC COM US CRM 5,006 $1,370,192.26
SERVICENOW INC US NOW 2,428 $2,171,578.92
SHERWIN WILLIAMS CO US SHW 2,372 $905,321.24
THERMO FISHER SCIENTIFIC INC COM US TMO 2,634 $1,629,313.38
TRANSUNION US TRU 15,484 $1,621,174.80
UNION PAC CORP US UNP 4,994 $1,230,921.12
UNITEDHEALTH GROUP INC US UNH 1,881 $1,099,783.08
US DOLLARS US USD 2,574,342.31 $2,574,342.31
VERTEX PHARMACEUTICALS INC US VRTX 1,969 $915,742.52
VISA INC US V 7,532 $2,070,923.40

Investments will change over time.

Distributions

  • 2024 Distribution Calendar
  • 2024 Distributions
  • 2023 Distributions
  • 2022 Distributions
  • 2021 Distributions
  • 2020 Distributions
  • Tax Letter

A Word About Risk

All investments involve risks, including possible loss of principal. As with any stock fund, the value of your investment will fluctuate in response to stock market movements. Investing in the Series will also involve a number of other risks, including issuer-specific risk, small-cap/mid-cap risk, and interest rate risk.

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