Meridian Contrarian Fund Legacy Class (MVALX)

43.20
Net Asset Value
-2.04%
1 Day
-1.71%
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-5.10% 3 years+15.06%
3 months+0.19% 5 years+14.85%
1 year+9.33% Since inception+13.54%
Data through --

Peer Comparisonvs. Mid-cap growth

 MVALXCategory
Performance 5-yr return+14.85%+18.98%
Expense ratio1.16%1.34%
Risk 5 year sharpe ratio1.161.16
Net assets$768.0M$1.3B
Average market cap$5.4B$8.6B
Average P/E24.326.0
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. stock88.49%
Cash5.98%
International stock5.52%
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
VRNT Verint Systems Inc2.53%
HE Hawaiian Electric Industries Inc2.41%
SMG Scotts Miracle Gro Co Class A2.36%
ALEX Alexander & Baldwin Inc2.28%
LII Lennox International Inc2.27%
GWR Genesee & Wyoming Inc Class A2.22%
LLTC Linear Technology2.21%
WWW Wolverine World Wide Inc2.20%
AJG Arthur J Gallagher & Co2.17%
EOG EOG Resources Inc2.11%

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