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)

27.81
Net Asset Value
-2.25%
1 Day
-9.38%
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-8.49% 3 years+3.99%
3 months-11.76% 5 years+5.74%
1 year-13.13% Since inception+11.90%
Data through --

Peer Comparisonvs. Small growth

 MERDXCategory
Performance 5-yr return+5.74%+9.40%
Expense ratio0.84%1.35%
Risk 5 year sharpe ratio0.520.49
Net assets$1.1B$756.9M
Average market cap$2.5B$2.8B
Average P/E24.724.3
Portfolio turnover----

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. stock89.25%
Cash7.49%
International stock3.17%
Fixed income0.09%
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
SBH Sally Beauty Holdings Inc3.12%
SERV Servicemaster Global Holdings Inc3.12%
CDNS Cadence Design Systems Inc3.03%
SWI SolarWinds, Inc. 3.01%
NCMI National CineMedia Inc2.61%
CLH Clean Harbors Inc2.59%
TRMB Trimble Navigation Ltd2.54%
LPLA LPL Financial Holdings Inc2.35%
HEIA Heico Corp2.31%
SLH Solera Holdings Inc2.20%

Partner Offers