Meridian Enhanced Equity Fund® A Class (MRAEX)

14.40
Net Asset Value
-1.23%
1 Day
-9.21%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
5.75
Sales Expenses
1.78%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund will invest at least 80% of its net assets in long or short positions in equity securities. Equity securities include- but are not limited to- common and preferred stocks as well as convertible securities- such as options- in domestic and foreign companies. 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-19.10% 3 years+8.17%
3 months-20.70% 5 years--
1 year-7.76% Since inception+9.16%
Data through --

Peer Comparisonvs. Large growth

 MRAEXCategory
Performance 5-yr return--+14.02%
Expense ratio1.78%1.09%
Risk 5 year sharpe ratio0.660.90
Net assets$56.2M$3.6B
Average market cap$32.9B$180.9B
Average P/E29.128.4
Portfolio turnover49%49%

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Fund Management and Purchase Info

Fund familyMeridian
Fund manager & tenureMinyoung Sohn / 4 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

U.S. stock96.79%
International stock1.72%
Cash1.50%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
ROKU Roku Inc12.06%
CRC California Resources Corp9.69%
BBY Best Buy Co Inc7.62%
NVDA NVIDIA Corp7.14%
MSFT Microsoft6.78%
AMZN Amazon5.94%
PG Procter & Gamble5.57%
SBUX Starbucks5.07%
EXAS Exact Sciences Corp4.83%
AAPL Apple4.51%