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Meridian Growth Fund® Legacy Class (MERDX)

37.91
Net Asset Value
+1.04%
1 Day
+6.82%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
0.86%
Expense Ratio
Low
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.

Performance

1 month+3.61% 3 years+9.13%
3 months+3.84% 5 years+11.13%
1 year+30.77% Since inception+12.39%
Data through --

Peer Comparisonvs. Small growth

 MERDXCategory
Performance 5-yr return+11.13%+12.33%
Expense ratio0.86%1.32%
Risk 5 year sharpe ratio0.900.82
Net assets$1.3B$877.7M
Average market cap$2.7B$3.2B
Average P/E27.529.4
Portfolio turnover67%67%

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Fund Management and Purchase Info

Fund familyMeridian
Fund manager & tenureChad Meade / 3 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock89.64%
Cash6.98%
International stock2.92%
Fixed income0.47%
Other0.00%
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
SERV Servicemaster Global Holdings Inc2.88%
SBH Sally Beauty Holdings Inc2.81%
CEB CEB Inc2.32%
CDNS Cadence Design Systems Inc2.25%
LPLA LPL Financial Holdings Inc2.25%
ST Sensata Technologies Holding NV2.24%
CLH Clean Harbors Inc2.22%
INCR INC Research Holdings Inc2.18%
TNET TriNet Group Inc2.05%
HEIA Heico Corp2.03%

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