Meritage Growth Equity Fund Institutional Shares (MPGIX)
Meritage Growth Equity Fund Institutional Shares operates in the Asset Management industry of the Financial Services sector, headquartered in Cincinnati, OH. The stock last traded at $11.18, up 0.00% on the session, giving a market capitalisation of $34.0M. Its beta of 0.99 implies it has historically moved less than the broad market.
This fund aims for long-term capital appreciation. It typically allocates at least 80% of its net assets (including any borrowed funds utilized for investment) to equity securities. The portfolio primarily consists of publicly traded common stocks of U.S.-based companies. Up to 35% of its total assets may be invested in non-U.S. companies, including those in developing economies, through their common stock (or similar instruments) or American Depositary Receipts (ADRs), as long as these securities are traded in the U.S. ADRs are certificates issued by U.S. banks that represent ownership interests in shares of foreign companies held by those banks.
Meritage Growth Equity Fund Institutional Shares is most often compared with the following Financial Services names: