Meridian Growth Fund Legacy Class (MERDX)

35.66
Net Asset Value
+0.99%
1 Day
-4.24%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
0.87%
Expense Ratio
Below Average
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, 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.

Performance

1 month-3.02% 3 years+9.46%
3 months-4.09% 5 years+18.90%
1 year+14.42% Since inception+12.78%
Data through --

Peer Comparisonvs. Mid-cap growth

 MERDXCategory
Performance 5-yr return+18.90%+22.17%
Expense ratio0.87%1.36%
Risk 5 year sharpe ratio1.321.28
Net assets$2.1B$1.3B
Average market cap$3.8B$8.4B
Average P/E27.926.2
Portfolio turnover37%37%

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Fund Management and Purchase Info

Fund familyMeridian
Fund manager & tenureChad Meade / 0 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock85.82%
Cash9.21%
International stock4.97%
Fixed income0.00%
Other0.00%
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
CLH Clean Harbors, Inc.2.48%
ST Sensata Technologies Holding N.V.2.43%
WWW Wolverine World Wide Inc2.42%
IT Gartner, Inc. Class A2.14%
CDNS Cadence Design Systems, Inc.2.08%
VPRT VistaPrint, Ltd.2.06%
CRI Carter's, Inc.2.05%
TRMB Trimble Navigation Ltd.1.98%
SSNC SS&C Technologies Holdings1.97%
SBH Sally Beauty Holdings Inc1.92%

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