MISGX: Meridian Small Cap Growth Investor

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

MISGX Meridian Small Cap Growth Investor


Profile

MISGX - Profile

Vitals

  • YTD Return -9.9%
  • 3 Yr Annualized Return -0.1%
  • 5 Yr Annualized Return 2.4%
  • Net Assets $1.22 B
  • Holdings in Top 10 23.3%

52 WEEK LOW AND HIGH

$14.42
$9.66
$16.86

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.22%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 43.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

Closed to new investors as of Jul 02, 2018
  • Standard (Taxable) $2,500
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -9.9%
  • 3 Yr Annualized Total Return 1.3%
  • 5 Yr Annualized Total Return 3.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.53%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Meridian Small Cap Growth Fund
  • Fund Family Name
    Meridian
  • Inception Date
    Dec 16, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Chad Meade

Fund Description

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. It may also invest up to 20% of its net assets in securities of companies of any market capitalization.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

MISGX - Performance

Return Ranking - Trailing

Period MISGX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.9% -23.0% 27.8% 81.09%
1 Yr -4.8% -44.3% 31.1% 74.23%
3 Yr -0.1%* -54.4% 23.3% 47.75%
5 Yr 2.4%* -40.4% 16.5% 27.08%
10 Yr N/A* -17.7% 13.7% N/A

* Annualized

Return Ranking - Calendar

Period MISGX Return Category Return Low Category Return High Rank in Category (%)
2019 12.4% -49.8% 42.9% 84.54%
2018 -10.8% -54.2% 13.6% 17.52%
2017 17.9% -73.6% 36.1% 33.71%
2016 20.4% -49.0% 133.1% 4.60%
2015 -8.2% -70.7% 8.6% 41.15%

Total Return Ranking - Trailing

Period MISGX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.9% -23.0% 27.8% 81.09%
1 Yr -4.8% -44.3% 31.1% 74.23%
3 Yr 1.3%* -25.2% 26.9% 57.30%
5 Yr 3.6%* -20.2% 20.2% 43.33%
10 Yr N/A* -9.2% 24.1% N/A

* Annualized

Total Return Ranking - Calendar

Period MISGX Return Category Return Low Category Return High Rank in Category (%)
2019 12.4% -49.8% 42.9% 84.54%
2018 -10.8% -54.2% 14.5% 37.76%
2017 22.8% -8.4% 42.0% 38.20%
2016 20.4% -16.4% 133.1% 6.60%
2015 -6.8% -59.6% 19.3% 61.19%

NAV & Total Return History


Holdings

MISGX - Holdings

Concentration Analysis

MISGX Category Low Category High MISGX % Rank
Net Assets 1.22 B 3.6 M 22.5 B 28.66%
Number of Holdings 126 1 2011 28.35%
Net Assets in Top 10 273 M 724 K 2.09 B 25.98%
Weighting of Top 10 23.26% 6.7% 100.0% 40.63%

Top 10 Holdings

  1. Skechers USA Inc 3.04%
  2. LogMeIn Inc 2.88%
  3. Trinet Group Inc 2.66%
  4. BioTelemetry Inc 2.32%
  5. Heritage-Crystal Clean Inc 2.30%
  6. Sally Beauty Holdings Inc 2.30%
  7. Clean Harbors Inc 2.18%
  8. Ritchie Bros Auctioneers Inc 1.93%
  9. Merit Medical Systems Inc 1.92%
  10. Tennant Co 1.74%

Asset Allocation

Weighting Return Low Return High MISGX % Rank
Stocks
85.11% 85.11% 103.86% 99.37%
Cash
9.12% -4.54% 15.75% 2.68%
Other
5.26% -12.73% 9.10% 1.57%
Preferred Stocks
0.51% 0.00% 4.20% 3.94%
Convertible Bonds
0.00% 0.00% 0.00% 41.42%
Bonds
0.00% 0.00% 0.07% 43.31%

Stock Sector Breakdown

Weighting Return Low Return High MISGX % Rank
Industrials
29.22% 1.13% 34.78% 2.05%
Healthcare
28.16% 0.07% 54.38% 54.80%
Technology
17.50% 2.71% 75.34% 85.67%
Consumer Cyclical
13.91% 0.00% 29.90% 7.56%
Communication Services
5.10% 0.00% 12.66% 8.66%
Consumer Defense
3.56% 0.00% 16.20% 66.30%
Financial Services
1.08% 0.00% 22.83% 96.69%
Energy
0.76% 0.00% 5.45% 27.56%
Real Estate
0.55% 0.00% 9.94% 75.12%
Basic Materials
0.16% 0.00% 9.88% 78.27%
Utilities
0.00% 0.00% 7.71% 61.10%

Stock Geographic Breakdown

Weighting Return Low Return High MISGX % Rank
US
81.69% 81.44% 101.74% 98.90%
Non US
3.42% 0.00% 12.64% 39.37%

Expenses

MISGX - Expenses

Operational Fees

MISGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.22% 0.06% 36.03% 52.37%
Management Fee 1.00% 0.05% 1.50% 86.75%
12b-1 Fee 0.00% 0.00% 1.00% 10.47%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

MISGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MISGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 19.05%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MISGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 43.00% 9.00% 474.00% 34.72%

Distributions

MISGX - Distributions

Dividend Yield Analysis

MISGX Category Low Category High MISGX % Rank
Dividend Yield 0.00% 0.00% 30.30% 43.94%

Dividend Distribution Analysis

MISGX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

MISGX Category Low Category High MISGX % Rank
Net Income Ratio -0.53% -2.35% 1.11% 51.46%

Capital Gain Distribution Analysis

MISGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

MISGX - Fund Manager Analysis

Managers

Chad Meade


Start Date

Tenure

Tenure Rank

Dec 16, 2013

6.38

6.4%

Mr. Meade, Portfolio Manager, joined Arrowpoint Asset Management, LLC in May 2013. Mr. Prior to joining Arrowpoint, Mr. Meade served as an Equity Research Analyst, Co-Portfolio Manager and Executive Vice President AT Janus Capital (2001-2013). Prior to joining Janus Capital, he was a financial analyst for Goldman Sachs’ global investment research team. Chad graduated summa cum laude from Virginia Tech with a bachelor’s degree in Finance and was a member of the Omicron Delta Kappa Honor Society.

Brian Schaub


Start Date

Tenure

Tenure Rank

Dec 16, 2013

6.38

6.4%

Mr. Schaub, Portfolio Manager, joined Arrowpoint in May 2013. Prior to joining Arrowpoint, Mr. Schaub served as an Equity Research Analyst, Co-Portfolio Manager and Executive Vice President at Janus Capital (2000-2013). Brian graduated cum laude from Williams College with a bachelor’s degree in Economics and won the Arthur B. Graves, Class of 1858, Essay Prize in Economics for his work on Dell Computer. He holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 28.76 7.98 3.17