Meridian Growth Fund® Legacy Class (MERDX)

41.36
Net Asset Value
-0.58%
1 Day
+24.73%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
0.85%
Expense Ratio
Below Average
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+1.17% 3 years+12.29%
3 months+7.09% 5 years+10.34%
1 year+16.17% Since inception+12.46%
Data through --

Peer Comparisonvs. Small growth

 MERDXCategory
Performance 5-yr return+10.34%+9.63%
Expense ratio0.85%1.24%
Risk 5 year sharpe ratio0.680.60
Net assets$2.2B$1.2B
Average market cap$3.6B$3.8B
Average P/E20.527.8
Portfolio turnover35%35%

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Fund Management and Purchase Info

Fund familyMeridian
Fund manager & tenureChad Meade / 6 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock87.42%
Cash9.83%
International stock1.78%
Fixed income0.78%
Other0.19%
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
LOGM LogMeIn Inc3.16%
HBI HanesBrands Inc3.07%
SKX Skechers USA Inc2.68%
ST Sensata Technologies Holding PLC2.51%
SBH Sally Beauty Holdings Inc2.50%
CLH Clean Harbors Inc2.48%
JCOM j2 Global Inc2.31%
CNK Cinemark Holdings Inc1.87%
WWD Woodward Inc1.79%
SWI SolarWinds Corp1.75%