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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+2.70% 3 years+13.52%
3 months+3.94% 5 years+13.73%
1 year+23.82% Since inception+12.62%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+13.73%+13.02%
Expense ratio0.86%1.29%
Risk 5 year sharpe ratio1.100.95
Net assets$1.5B$974.5M
Average market cap$3.3B$3.7B
Average P/E29.129.8
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. stock88.08%
International stock3.86%
Fixed income0.41%
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
SERV Servicemaster Global Holdings Inc2.79%
SBH Sally Beauty Holdings Inc2.51%
LPLA LPL Financial Holdings Inc2.41%
TNET TriNet Group Inc2.34%
ST Sensata Technologies Holding NV2.31%
CRI Carter's Inc2.11%
CDNS Cadence Design Systems Inc2.06%
CLH Clean Harbors Inc1.98%
STE STERIS plc1.92%
SSNC SS&C Technologies Holdings Inc1.90%