Meridian Contrarian Fund A Class

Frequently Asked Questions About MFCAX

What does MFCAX invest in?

The Advisor emphasizes stocks which the Investment Adviser believes are undervalued in relation to the business' (or issuer's) long-term earnings power or asset value, or the stock market in general. The advisor intends to invest at least 65% of its total assets in common stocks and equity-related securities (such as convertible debt securities and warrants). It may invest up to 35% of its total assets in debt or fixed income securities, including higher yield, higher risk, lower rated or unrated corporate bonds commonly referred to as "junk bonds."

What is the expense ratio of MFCAX?

Meridian Contrarian Fund A Class (MFCAX) charges an expense ratio of 1.47%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MFCAX?

Meridian Contrarian Fund A Class (MFCAX) manages $598.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MFCAX actively managed or an index fund?

MFCAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was MFCAX launched?

Meridian Contrarian Fund A Class (MFCAX) launched in November 2013 and is managed by the fund issuer.

How has MFCAX performed?

MFCAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.