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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-0.21% 3 years+10.58%
3 months+8.52% 5 years+13.74%
1 year+17.84% Since inception+12.61%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+13.74%+13.02%
Expense ratio0.89%1.29%
Risk 5 year sharpe ratio1.151.02
Net assets$1.5B$1.0B
Average market cap$3.5B$3.8B
Average P/E29.129.4
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. stock88.53%
International stock3.85%
Fixed income0.40%
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
LPLA LPL Financial Holdings Inc2.71%
ST Sensata Technologies Holding NV2.53%
SBH Sally Beauty Holdings Inc2.50%
SERV Servicemaster Global Holdings Inc2.46%
TNET TriNet Group Inc2.33%
CRI Carter's Inc2.28%
STE STERIS plc2.02%
KEX Kirby Corp2.02%
HTLD Heartland Express Inc1.98%
LABL Multi-Color Corp1.97%