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MTUKX Manning & Napier Target 2045 K

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Fund MTUKX Manning & Napier Target 2045 K LTMLX MFS Lifetime 2045 R6 RPTFX T. Rowe Price Target 2045  
Similarity
?
100% 97% 97%
Annual Fees
?
$118.27
(1.13% Exp. Ratio)
$54.43
(0.52% Exp. Ratio)
$77.45
(0.74% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.67% annual return
$27,948.20 $33,611.75 $31,451.83
Est. savings over 30 yrs +$5,663.55 +$3,503.63
Return
As of 10/31/16
1 YR RETURN 3.35%
3 YR 3.29%
5 YR --
10 YR --
1 YR RETURN 3.81%
3 YR 4.44%
5 YR --
10 YR --
1 YR RETURN 3.64%
3 YR 5.08%
5 YR --
10 YR --
Description
The investment seeks to provide long-term capital growth and to moderate volatility consistent with its current asset allocation. The fund seeks to achieve its investment objective by investing in a combination of underlying funds according to a target asset allocation strategy. These underlying funds will pursue asset allocation strategies, and will invest in a combination of stocks, bonds, derivatives, and cash. It may invest to a limited extent directly in equity and fixed income securities and cash equivalents, including money market securities.
The investment seeks a high level of total return consistent with its asset allocation until the approximate retirement year in 2045; thereafter, the fund will seek total return through a combination of current income and capital appreciation. The fund is designed to provide diversification among different asset classes for investors with the approximate retirement year in 2045. It invests substantially all of its assets in other MFS mutual funds, referred to as underlying funds.
The investment seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund pursues its objective by investing in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. It is managed based on the specific retirement year (target date 2045) included in its name and assumes a retirement age of 65. The target date refers to the approximate year an investor in the fund would plan to retire and likely stop making new investments in the fund.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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