Meridian Growth Fund® Legacy Class (MERDX)

34.72
Net Asset Value
-1.34%
1 Day
-4.54%
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, 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-5.06% 3 years+12.46%
3 months+0.43% 5 years+15.94%
1 year+7.78% Since inception+12.83%
Data through --

Peer Comparisonvs. Small growth

 MERDXCategory
Performance 5-yr return+15.94%+15.53%
Expense ratio0.86%1.39%
Risk 5 year sharpe ratio1.060.90
Net assets$2.1B$793.8M
Average market cap$2.8B$2.9B
Average P/E28.226.6
Portfolio turnover96%96%

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Fund Management and Purchase Info

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

Holdings

U.S. stock87.71%
Cash9.01%
International stock3.28%
Fixed income0.00%
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
CRI Carter's Inc2.93%
CMPR VistaPrint Ltd2.92%
IT Gartner Inc Class A2.52%
CDNS Cadence Design Systems Inc2.45%
ST Sensata Technologies Holding N.V.2.43%
WWW Wolverine World Wide Inc2.39%
SSNC SS&C Technologies Holdings Inc2.32%
SWI SolarWinds Inc2.31%
SBH Sally Beauty Holdings Inc2.30%
HEIA Heico Corp Class A2.27%

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