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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

as of 6:17 PM ET 12/01/2021

Performance

  • 1 Week
  • -5.66%
  • 1 Month
  • -8.84%
  • 3 Months
  • -9.07%
  • 1 Yr Return
  • +14.24%
  • 5 Yr Return
  • +62.00%

Equity Sector Breakdown

Health 18.69%
IndustrialCyclical 15.32%
Technology 14.13%
Services 13.95%
RetailTrade 10.00%
NonDurables 4.06%
Finance 3.06%
ConsumerDurables 2.13%
Energy 0.13%
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 93.31%
Preferred 3.64%
ForeignStocks 2.51%
Convertible 0.08%
Cash 0.00%
Bonds 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 920.32 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -5.78 -1.42 n/a
Beta 1.18 1.12 n/a
R Squared 0.77 0.72 n/a
Std Deviation 24.88 20.41 n/a
Sharpe Ratio 0.79 0.97 n/a

Purchase Information

as of 6:06 PM ET 11/30/2021
Minimum Initial $2500
Minimum Additional $50
Minimum Initial IRA $0

Performance

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
1 Year
  • +45.80%
  • +46.66%
+45.80% +46.66%
3 Year
  • +17.14%
  • +13.08%
+17.14% +13.08%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +15.35%
  • +15.29%
+15.35% +15.29%

Top 10 Holdings

Symbol Company Name % Of Assets
SKX SKECHERS 2.87%
TWOU 2U INC 2.47%
SBH SALLY BEAUTY HOLDINGS INC 2.42%
MIME MIMECAST LTD 2.31%
MATX MATSON INC 2.06%
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%

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