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Meridian Growth Fund® Legacy Class (MERDX)

34.62
Net Asset Value
+0.99%
1 Day
+12.81%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
0.84%
Expense Ratio
Low
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.

Performance

1 month+7.99% 3 years+8.88%
3 months+6.36% 5 years+10.25%
1 year+5.99% Since inception+12.22%
Data through --

Peer Comparisonvs. Small growth

 MERDXCategory
Performance 5-yr return+10.25%+7.26%
Expense ratio0.84%1.33%
Risk 5 year sharpe ratio0.640.50
Net assets$1.2B$818.4M
Average market cap$2.4B$2.8B
Average P/E26.224.1
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--

Holdings

U.S. stock88.57%
Cash7.13%
International stock4.20%
Fixed income0.10%
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 Inc3.14%
CDNS Cadence Design Systems Inc3.07%
SBH Sally Beauty Holdings Inc2.99%
SERV Servicemaster Global Holdings Inc2.63%
NCMI National CineMedia Inc2.58%
TRMB Trimble Navigation Ltd2.42%
HEIA Heico Corp2.29%
CEB CEB Inc2.12%
MSM MSC Industrial Direct Co Inc2.08%
CRI Carter's Inc2.01%

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