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-0.35% 3 years+11.59%
3 months-0.85% 5 years+13.67%
1 year+21.06% Since inception+12.66%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+13.67%+11.88%
Expense ratio0.89%1.27%
Risk 5 year sharpe ratio1.040.87
Net assets$1.7B$1.1B
Average market cap$3.6B$3.4B
Average P/E29.726.7
Portfolio turnover34%34%

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Fund Management and Purchase Info

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


U.S. stock86.77%
International stock3.51%
Fixed income0.36%
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
TNET TriNet Group Inc2.62%
LPLA LPL Financial Holdings Inc2.49%
ST Sensata Technologies Holding PLC2.49%
SERV Servicemaster Global Holdings Inc2.30%
SBH Sally Beauty Holdings Inc2.26%
MSM MSC Industrial Direct Co Inc2.00%
KEX Kirby Corp1.90%
STE STERIS plc1.85%
SSNC SS&C Technologies Holdings Inc1.80%
CRI Carter's Inc1.75%