Meridian Growth C (MRCGX)
29.22
+0.52
(+1.81%)
USD |
Mar 31 2023
Key Stats
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 1.87% | 1.424B | 0.00% | 42.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -172.73M | -14.73% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| 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. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | MERDX |
| Equity Style | Small Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Small Growth |
| Category Index | Russell 2000 Growth TR USD |
| Global Category Name | US Equity Small Cap |
| YCharts Categorization | US Small Cap |
| YCharts Benchmark | Russell 2000 Total Return (^RUTTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Meridian |
| Prospectus Benchmark Index | |
| Russell 2500 Growth TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Brian Schaub | 9.49 yrs |
| Chad Meade | 9.49 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
73
-172.73M
-1.393B
Category Low
747.16M
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 31, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 31, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Ritchie Bros Auctioneers Inc | 3.38% | 56.29 | 1.66% |
| QuidelOrtho Corp | 3.27% | 89.08 | 1.14% |
| Sensata Technologies Holding PLC | 3.06% | 50.02 | 1.98% |
| Ziff Davis Inc | 2.83% | 78.02 | 2.89% |
| Frontdoor Inc | 2.60% | 27.84 | 2.47% |
| Alight Inc Class A | 2.51% | 9.21 | 3.25% |
| Skechers USA Inc Class A | 2.30% | 47.52 | 2.13% |
| Steris PLC | 2.28% | 191.28 | 1.31% |
| The Cooper Companies Inc | 2.28% | 373.36 | 1.60% |
| Merit Medical Systems Inc | 2.24% | 73.90 | 1.27% |
Basic Info
| Investment Strategy | |
| 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. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | MERDX |
| Equity Style | Small Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Small Growth |
| Category Index | Russell 2000 Growth TR USD |
| Global Category Name | US Equity Small Cap |
| YCharts Categorization | US Small Cap |
| YCharts Benchmark | Russell 2000 Total Return (^RUTTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Meridian |
| Prospectus Benchmark Index | |
| Russell 2500 Growth TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Brian Schaub | 9.49 yrs |
| Chad Meade | 9.49 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-31-23) | 0.00% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield (3-31-23) | Upgrade |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 14.52 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of December 31, 2022
Fund Details
| Key Dates | |
| Inception Date | 7/1/2015 |
| Last Annual Report Date | 6/30/2022 |
| Last Prospectus Date | 12/30/2022 |
| Share Classes | |
| MERDX | Other |
| MRAGX | A |
| MRIGX | Inst |
| MRRGX | Inst |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |