Meridian Growth Fund® Legacy Class (MERDX)

Net Asset Value
1 Day
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. Under normal circumstances- the fund emphasizes small- and mid-capitalization growth companies that the Investment Adviser believes may have prospects for above-average growth in revenues and earnings because of many factors- including high sales growth- high unit growth and industry growth- high or improving returns on assets and equity and a strong balance sheet. It may invest up to 25% of its total assets- calculated at the time of purchase- in securities of foreign companies- including emerging market companies.


1 month+1.63% 3 years+12.36%
3 months+3.99% 5 years+12.77%
1 year+24.64% Since inception+12.64%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+12.77%+11.88%
Expense ratio0.89%1.27%
Risk 5 year sharpe ratio1.060.89
Net assets$1.7B$1.1B
Average market cap$3.7B$3.5B
Average P/E22.825.8
Portfolio turnover34%34%

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Fund Management and Purchase Info

Fund familyMeridian
Fund manager & tenureChad Meade / 4 Years
Minimal initial investment$1,000.00
Minimum IRA investment--


U.S. stock88.50%
International stock3.78%
Fixed income0.73%
Top 5 Sectors
Portfolio weighting
Consumer service 20.21%
Financial service 11.56%
Industrial materials 11.36%
Hardware 10.74%
Business service 9.19%
Top 10 Holdings
Portfolio weighting
TNET TriNet Group Inc2.62%
ST Sensata Technologies Holding PLC2.51%
SERV Servicemaster Global Holdings Inc2.27%
SSNC SS&C Technologies Holdings Inc2.22%
KEX Kirby Corp2.08%
LOPE Grand Canyon Education Inc2.07%
LPLA LPL Financial Holdings Inc1.98%
SBH Sally Beauty Holdings Inc1.97%
LABL Multi-Color Corp1.92%
MSM MSC Industrial Direct Co Inc1.89%