Meridian Contrarian Fund Legacy Class (MVALX)

43.68
Net Asset Value
-0.52%
1 Day
-0.61%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
1.16%
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-1.62% 3 years+13.78%
3 months-0.79% 5 years+18.35%
1 year+24.55% Since inception+13.58%
Data through --

Peer Comparisonvs. Mid-cap growth

 MVALXCategory
Performance 5-yr return+18.35%+22.17%
Expense ratio1.16%1.36%
Risk 5 year sharpe ratio1.271.28
Net assets$769.3M$1.3B
Average market cap$5.2B$8.4B
Average P/E26.126.2
Portfolio turnover55%55%

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Fund Management and Purchase Info

Fund familyMeridian
Fund manager & tenureJames England / 12 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock88.73%
International stock6.01%
Cash5.26%
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
BR Broadridge Financial Solutions2.52%
HE Hawaiian Electric Industries Inc2.43%
VRNT Verint Systems, Inc.2.35%
AJG Arthur J. Gallagher & Co.2.22%
ATR AptarGroup, Inc.2.20%
WWW Wolverine World Wide Inc2.19%
ALEX Alexander & Baldwin Inc2.19%
LII Lennox International, Inc.2.14%
LLTC Linear Technology2.11%
-- Gildan Activewear, Inc.2.10%

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