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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-2.27% 3 years+6.95%
3 months-0.17% 5 years+11.03%
1 year+10.66% Since inception+12.38%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+11.03%+14.42%
Expense ratio0.84%1.33%
Risk 5 year sharpe ratio1.090.95
Net assets$1.3B$876.8M
Average market cap$2.4B$3.0B
Average P/E25.625.9
Portfolio turnover67%67%

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Fund Management and Purchase Info

Fund familyMeridian
Fund manager & tenureChad Meade / 3 Years
Minimal initial investment$1,000.00
Minimum IRA investment--


U.S. stock92.27%
International stock3.29%
Fixed income0.08%
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 Inc2.93%
CDNS Cadence Design Systems Inc2.90%
SERV Servicemaster Global Holdings Inc2.74%
SBH Sally Beauty Holdings Inc2.68%
NCMI National CineMedia Inc2.59%
-- 2.05%
CRI Carter's Inc2.00%
CEB CEB Inc1.99%
ST Sensata Technologies Holding NV1.97%
HTLD Heartland Express Inc1.83%