Meridian Contrarian Fund Legacy Class (MVALX)

38.65
Net Asset Value
-0.08%
1 Day
-0.36%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
1.13%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. Under normal circumstances, the fund emphasizes stocks which the Investment Adviser believes are undervalued in relation to an issuer's long-term earnings power or asset value, or the stock market in general. It intends to invest at least 65% of its total assets in common stocks and equity-related securities (such as convertible debt securities and warrants). The fund may invest up to 35% of its total assets in debt or fixed income securities, including higher yield, higher risk, lower rated or unrated corporate bonds commonly referred to as "junk bonds."

Performance

1 month-1.02% 3 years+16.73%
3 months+6.29% 5 years+14.51%
1 year+5.57% Since inception+13.33%
Data through --

Peer Comparisonvs. Mid-cap growth

 MVALXCategory
Performance 5-yr return+14.51%+14.76%
Expense ratio1.13%1.35%
Risk 5 year sharpe ratio0.940.95
Net assets$691.5M$1.3B
Average market cap$4.6B$9.3B
Average P/E22.424.4
Portfolio turnover67%67%

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Fund Management and Purchase Info

Fund familyMeridian
Fund manager & tenureJames England / 13 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock87.40%
International stock6.48%
Cash6.13%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Consumer service 19.95%
Industrial materials 15.72%
Financial service 14.68%
Business service 13.54%
Consumer goods 7.80%
Top 10 Holdings
Portfolio weighting
NSC Norfolk Southern Corp2.62%
VRNT Verint Systems Inc2.49%
XYL Xylem Inc2.49%
HE Hawaiian Electric Industries Inc2.42%
-- Gildan Activewear Inc2.29%
ALEX Alexander & Baldwin Inc2.06%
OXY Occidental Petroleum Corp2.03%
SMG Scotts Miracle Gro Co Class A2.01%
NVDA NVIDIA Corp1.91%
WWW Wolverine World Wide Inc1.90%

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