Meridian Contrarian Fund Legacy Class (MVALX)

40.32
Net Asset Value
-0.54%
1 Day
+3.94%
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-0.88% 3 years+17.23%
3 months-0.61% 5 years+16.85%
1 year+6.34% Since inception+13.32%
Data through --

Peer Comparisonvs. Mid-cap growth

 MVALXCategory
Performance 5-yr return+16.85%+14.47%
Expense ratio1.13%1.32%
Risk 5 year sharpe ratio1.061.03
Net assets$691.5M$1.4B
Average market cap$5.9B$9.7B
Average P/E25.325.7
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. stock87.13%
Cash7.86%
International stock5.01%
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
ALEX Alexander & Baldwin Inc2.34%
NSC Norfolk Southern2.32%
VRNT Verint Systems Inc2.22%
CACI CACI International Inc2.16%
NVDA NVIDIA Corp2.15%
BCR C R Bard Inc2.06%
BR Broadridge Financial Solutions Inc2.05%
BOH Bank of Hawaii Corp2.04%
RAX Rackspace Hosting Inc1.99%
-- 1.95%

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