Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Meridian Growth Fund® Legacy Class (MERDX)

35.10
Net Asset Value
+0.46%
1 Day
+14.37%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
0.84%
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-0.11% 3 years+8.34%
3 months+8.98% 5 years+13.71%
1 year+15.17% Since inception+12.39%
Data through --

Peer Comparisonvs. Small growth

 MERDXCategory
Performance 5-yr return+13.71%+7.26%
Expense ratio0.84%1.33%
Risk 5 year sharpe ratio0.880.76
Net assets$1.3B$874.1M
Average market cap$2.4B$3.0B
Average P/E25.626.1
Portfolio turnover67%67%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyMeridian
Fund manager & tenureChad Meade / 2 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock92.27%
Cash4.36%
International stock3.29%
Fixed income0.08%
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
CLH Clean Harbors Inc2.93%
CDNS Cadence Design Systems Inc2.90%
SERV Servicemaster Global Holdings Inc2.74%
SBH Sally Beauty Holdings Inc2.68%
NCMI National CineMedia Inc2.59%
-- 2.05%
CRI Carter's Inc2.00%
CEB CEB Inc1.99%
ST Sensata Technologies Holding NV1.97%
HTLD Heartland Express Inc1.83%

Search for Jobs