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Meridian Growth Legacy (MERDX) Fund Ranking and Research

Ranking, Research and Recommendation of Meridian Growth Legacy (MERDX) Fund

    Last Trade: $37.65 on 3/29/2017, Change: +0.25 (0.67%)

 

Graph of Meridian Growth Legacy Fund (MERDX) ManagerFund Manager - Chad A. Meade

Fund Manager Information

Fund Manager Tenure: 3.6 years
Fund Family: Meridian
Fund Category: Small Growth
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A+ (Score: 0.83)     (What does this score mean?)
Honorable Mentioning: US News (2011), Money Magazine (2011), Kiplinger (2011),

 

Graph of Meridian Growth Legacy Fund (MERDX) ProfileMeridian Growth Legacy Fund (MERDX) Profile

Fund Profile and Description

Meridian Growth Legacy Fund seeks long-term growth of capital. Meridian Growth Legacy Fund invests primarily in a diversified portfolio of publicly traded common stocks of U.S. companies. It may invest in securities of companies with any capitalization across a broad range of industries. These may include companies that are relatively small in terms of total assets, revenues and earnings. Meridian Growth Legacy Fund may invest up to 25% of total assets in securities of foreign companies, including emerging market companies.

 

Meridian Growth Legacy (MERDX) Fund Strength What we like about Meridian Growth Legacy (MERDX) Fund

Data for Meridian Growth Legacy Fund (MERDX) as of May 30, 2016

  • Meridian Growth Legacy Fund (MERDX) management has been with Meridian Growth Legacy Fund for 3.6 years
  • Meridian Growth Legacy Fund (MERDX) has good short-term performance (1-year return -2.79% vs -7.74% Small Growth category median performance)
  • Meridian Growth Legacy Fund (MERDX) has good mid-term performance (3-year return 8.04% vs 6.86% Small Growth category median performance)
  • Meridian Growth Legacy Fund (MERDX) has good Long-term performance (5-year return 8.08% vs 7.01% Small Growth category median performance)
  • Meridian Growth Legacy Fund (MERDX) ratio of up-years vs down years is greater than 2
  • Meridian Growth Legacy Fund (MERDX) has a Morningstar rating of 4 and above
  • Asset base in Meridian Growth Legacy Fund (MERDX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Meridian Growth Legacy Fund (MERDX) is less volatile than its peers as it has a 3-year Standard Deviation of 13.05, lower than category average of 15.82
  • Meridian Growth Legacy Fund (MERDX) has a lower expense ratio than its Small Growth average: 0.84% vs 1.31%
  • Meridian Growth Legacy Fund (MERDX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Meridian Growth Legacy Fund (MERDX) Weakness What we are cautious about Meridian Growth Legacy (MERDX) Fund

Data for Meridian Growth Legacy Fund (MERDX) as of May 30, 2016

See Meridian Growth Legacy Fund (MERDX) performance details as of May 30, 2016

 

What do you think?

 

Compare Meridian Growth Legacy Fund (MERDX)Compare with other top Small Growth category mutual funds

Aadditional top Small Growth mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Meridian Growth Legacy5.64-2.798.048.08
Thrivent Small Cap Stock A (AASMX)5.33-2.128.136.23Compare
Invesco Small Cap Growth A (GTSAX)2.31-6.349.449.20Compare
Brown Advisory Small-Cap Growth Inv (BIASX)1.441.9610.719.36Compare

See top fund managers for Small Growth Category Funds

 

Compare Meridian Growth Legacy Fund (MERDX)Compare with Small Growth category ETFs

Some Small Growth ETFs for your consideration

ETFYear to DateOne YearThree Year
First Trust Small Cap Gr AlphaDEX ETF (FYC)2.08%0.72%8.41%
iShares S&P Small-Cap 600 Growth (IJT)3.38%0.39%10.55%
SPDR S&P 600 Small Cap Growth ETF (SLYG)3.30%0.18%10.49%
Vanguard S&P Small-Cap 600 Growth ETF (VIOG)2.78%0.08%10.38%
Vanguard Small-Cap Growth ETF (VBK)000

 

Graph of Meridian Growth Legacy Fund (MERDX) Net Asset TrackingMeridian Growth Legacy (MERDX) Fund Net Asset

Track net asset change of Meridian Growth Legacy fund (MERDX)

DateNet Asset
05/2016$1.25B
03/2016$1.24B
02/2016$1.16B
More historic net asset information on Meridian Growth Legacy Fund (MERDX)

  

Graph of Meridian Growth Legacy Fund (MERDX) Portfolio TrackingMeridian Growth Legacy (MERDX) Fund Portfolio Allocation

Track portfolio allocation change of Meridian Growth Legacy fund (MERDX)

DateCashStockBondOther
03/20167.13%92.77%0%0.1%
12/20157.49%92.42%0%0.09%
09/20158.63%91.28%0%0.09%
Click here to see more historic asset allocation information on Meridian Growth Legacy Fund (MERDX)

 

graph of Meridian Growth Legacy Fund (MERDX) Top 10 Position TrackingTop 10 Holdings in Meridian Growth Legacy (MERDX) Fund

Discover what Meridian Growth Legacy Fund (MERDX) manager is buying

Mar 30, 2016
Clean Harbors, Inc. Common Stoc [3.14%]
Cadence Design Systems, Inc. [3.07%]
Sally Beauty Holdings, Inc. (Na [2.99%]
ServiceMaster Global Holdings, [2.63%]
National CineMedia, Inc. [2.58%]
Trimble Navigation Limited [2.42%]
Heico Corp Class A [2.29%]
CEB Inc. Common Stock [2.12%]
MSC Industrial Direct Company, [2.08%]

Dec 30, 2015
Sally Beauty Holdings, Inc. (Na [3.12%]
ServiceMaster Global Holdings, [3.12%]
Cadence Design Systems, Inc. [3.03%]
SolarWinds Inc [3.01%]
National CineMedia, Inc. [2.61%]
Clean Harbors, Inc. Common Stoc [2.59%]
Trimble Navigation Limited [2.54%]
LPL Financial Holdings Inc. [2.35%]
Heico Corp Class A [2.31%]
Solera Holdings, Inc. Solera Ho [2.2%]

Sep 29, 2015
Cadence Design Systems, Inc. [3.29%]
Clean Harbors, Inc. Common Stoc [2.89%]
LPL Financial Holdings Inc. [2.88%]
Trimble Navigation Limited [2.27%]
National CineMedia, Inc. [2.23%]
CEB Inc. Common Stock [2.16%]
ServiceMaster Global Holdings, [2.15%]
Sally Beauty Holdings, Inc. (Na [2.14%]
Solera Holdings, Inc. Solera Ho [2.14%]
Click here for Stock Holding Change Map in Meridian Growth Legacy Fund (MERDX)

  

Latest News on Meridian Growth Legacy (MERDX) Fund

See what is happening with Meridian Growth Legacy Fund (MERDX)

 

Meridian Growth Legacy Fund (MERDX) Related ResourcesSee more information on Meridian Growth Legacy (MERDX) Fund

Popular pages on Meridian Growth Legacy (MERDX) Fund

  

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