Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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+4.03% 3 years+11.80%
3 months+6.35% 5 years+13.88%
1 year+20.76% Since inception+12.66%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+13.88%+13.02%
Expense ratio0.89%1.28%
Risk 5 year sharpe ratio1.141.04
Net assets$1.6B$1.0B
Average market cap$3.5B$3.8B
Average P/E29.129.7
Portfolio turnover34%34%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyMeridian
Fund manager & tenureChad Meade / 4 Years
Minimal initial investment$1,000.00
Minimum IRA investment--


U.S. stock88.53%
International stock3.85%
Fixed income0.40%
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
LPLA LPL Financial Holdings Inc2.71%
ST Sensata Technologies Holding NV2.53%
SBH Sally Beauty Holdings Inc2.50%
SERV Servicemaster Global Holdings Inc2.46%
TNET TriNet Group Inc2.33%
CRI Carter's Inc2.28%
STE STERIS plc2.02%
KEX Kirby Corp2.02%
HTLD Heartland Express Inc1.98%
LABL Multi-Color Corp1.97%