Manning & Napier Real Estate Series

Class Inst (MNRIX)

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 2.45 0.1 2.35
Stocks 92.71 0.0 92.71
Bonds 0.0 0.0 0.0
Other 0.0 0.0 0.0
Foreign Bonds 0.0 0.0 0.0
Foreign Stocks 4.93 0.0 4.93
Convertible 0.0 0.0 0.0
Preferred 0.0 0.0 0.0

Updated 02.28.2014

Top 10 Holdings

Performance as of 03.31.2014

Portfolio as of 02.28.2014

Ticker YTD Return % % Net Assets
Simon Property Group Inc SPG 9.21 5.63
General Growth Properties Inc GGP 9.72 3.89
BioMed Realty Trust Inc BMR 13.25 3.18
Kimco Realty Corp KIM 11.42 2.98
Weyerhaeuser Co WY -4.94 2.79
HCP Inc HCP 8.38 2.71
Digital Realty Trust, Inc. DLR 9.47 2.53
Alexandria Real Estate Equities Inc ARE 14.12 2.39
Sovran Self Storage, Inc. SSS 15.97 2.34
Corporate Office Properties Trust, Inc. OFC 13.66 2.24