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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-6.70% 3 years+2.83%
3 months-14.75% 5 years+4.84%
1 year-15.75% Since inception+11.90%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+4.84%+9.40%
Expense ratio0.84%1.35%
Risk 5 year sharpe ratio0.520.49
Net assets$1.1B$756.9M
Average market cap$2.5B$2.8B
Average P/E24.724.3
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyMeridian
Fund manager & tenureChad Meade / 2 Years
Minimal initial investment$1,000.00
Minimum IRA investment--


U.S. stock89.25%
International stock3.17%
Fixed income0.09%
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
SBH Sally Beauty Holdings Inc3.12%
SERV Servicemaster Global Holdings Inc3.12%
CDNS Cadence Design Systems Inc3.03%
SWI SolarWinds, Inc. 3.01%
NCMI National CineMedia Inc2.61%
CLH Clean Harbors Inc2.59%
TRMB Trimble Navigation Ltd2.54%
LPLA LPL Financial Holdings Inc2.35%
HEIA Heico Corp2.31%
SLH Solera Holdings Inc2.20%

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