Address And Details
|PO Box 9792 , Providence, RI 02940|
|Fund Manager||Chad Meade|
|Manager Tenure||8 Years|
Strategy And Objective
The MERIDIAN SMALL CAP GROWTH FUND seeks long-term growth of capital by investing primarily in equity securities of small capitalization companies. The Fund seeks long-term growth of capital by investing, under normal circumstances, at least 80% of its net assets, including the amount of any borrowings for investment purposes, in equity securities (including common stocks, preferred stocks and securities convertible into common and preferred stocks) of U.S. small capitalization companies. In the view of the Investment Adviser, small capitalization companies are defined as companies whose total market capitalization falls within the range of companies included in the Russell 2000 Growth Index or the S&P SmallCap 600 Index at the time of purchase. Both indices are broad indices of small capitalization stocks. As of September 30, 2020, the market capitalization of the companies in these indices ranged from approximately $50 million to $11 billion. The Fund may also invest up to 20% of its net assets in securities of companies of any market capitalization. The portfolio managers apply a bottom up fundamental research process in selecting investments. In other words, the portfolio managers analyze individual companies to determine if a company presents an attractive investment opportunity and if it is consistent with the Fund s investment strategies and policies.
Net Asset Value
- 1 Week
- 1 Month
- 3 Months
- 1 Yr Return
- 5 Yr Return
Equity Sector Breakdown
|Asset Type||% Of Allocation|
|Total Net Assets||920.32 M|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$0|
|Timeframe||Average Annual Current Performance Monthly As Of 11/30/2021||Average Annual Current Performance Quarterly As Of 09/30/2021||Avg Annual Current Performance Monthly As Of 11/30/2021||Avg Annual Current Performance Quarterly As Of 09/30/2021|
|Life Of Fund||
Top 10 Holdings
|Symbol||Company Name||% Of Assets|
|SBH||SALLY BEAUTY HOLDINGS INC||2.42%|
|RBA||RITCHIE BROS. AUCTIONEERS||1.92%|
|TNET||TRINET GROUP INC||1.92%|
|MNTV||MOMENTIVE GLOBAL INC||1.81%|
|MMSI||MERIT MEDICAL SYSTEMS||1.75%|
|PACK||RANPAK HOLDINGS CORP||1.66%|
Master The Market with the Help of Our Financial Experts
Recent Articles from TheStreet
Boeing Helps Dow Futures Power Through Omicron Worries: Apple Slide Holds Down Nasdaq
Wall Street is looking to snap the biggest two-day decline for the S&P 500 in more than a year Thursday amid concerns tied to the discovery of the first confirmed case of the Omicron variant in the United States.
The Santa Claus Rally Isn't Real; Don't Buy Into It
Is Wall Street shamelessly trying to get you to invest in the market over the holidays? History indicates there's really no proof of a so-called 'Santa Claus Rally.'
Grab Set to Nab $40 Billion Valuation In Nasdaq Debut
Grab is set to debut on the Nasdaq after raising $4.5 billion in a SPAC deal that values the Singapore-based delivery app service at nearly $40 billion.
Electric Vehicle Checkpoint: EV Sales More Than Doubled in 2021
See the latest news for the top stocks in the electric vehicle space including Ford, Tesla, General Motors, Rivian, Lucid, and more.
Dollar General Stock Slips After Q3 Earnings Beat, 2021 Profit Forecast Boost
Dollar General lifted its full year profit forecast following stronger-than-expected third quarter earnings as shoppers continue to search for value amid the highest levels of consumer price inflation in 30 years.
Uber Stock Rises as UBS Names Ride-Hailer a 'Top Pick'
Uber Technologies shares accelerate after analysts at UBS named the ride-hailing giant one of their top picks and say they expect the shares could more than double.
Boeing Stock Surges As China Aviation Regulators Pave Way For 737 MAX Return
Boeing's grounded 737 MAX could return to service in China following a positive assessment from civil aviation authorities in the world's biggest aircraft market.
Snowflake Stock Melts Upward on Uptick In Forward Guidance
Snowflake shares surge after the data-analytics software provider announces a narrower-than-expected quarterly loss and provides strong forward sales guidance.
Apple Stock Slides After Report Company Warned Suppliers On Weakening iPhone Demand
Apple has warned vendors of weakening holiday demand for its new iPhone 13 line-up, Bloomberg reported Thursday, sending shares lower in pre-market trading.