- What does MSGAX invest in?
- The Meridian Small Cap Growth Fund A Class is designed to generate significant long-term capital appreciation. It primarily pursues this objective by allocating its investments to the equity holdings of smaller-sized companies. Specifically, under typical market conditions, a minimum of 80% of the fund's total net assets—which includes any borrowed funds used for investment—is committed to various equity instruments, such as common and preferred shares, along with convertible securities, issued by U.S. small-capitalization firms. Additionally, the fund reserves the flexibility to deploy up to 20% of its portfolio into securities from companies across the entire market capitalization spectrum.
- What is the expense ratio of MSGAX?
- Meridian Small Cap Growth Fund A Class (MSGAX) charges an expense ratio of 1.51%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is MSGAX?
- Meridian Small Cap Growth Fund A Class (MSGAX) manages $338.5M 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 MSGAX actively managed or an index fund?
- MSGAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was MSGAX launched?
- Meridian Small Cap Growth Fund A Class (MSGAX) launched in December 2013 and is managed by the fund issuer.
- How has MSGAX performed?
- MSGAX'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.
