Meridian Growth Fund (MRIGX)
Meridian Growth Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Denver, CO, US. The stock last traded at $29.75, up 0.40% on the session, giving a market capitalisation of $642.7M. Its beta of 1.05 implies it has historically moved more than the broad market.
The Meridian Growth Fund primarily targets small and mid-capitalization growth companies. The Investment Adviser aims to identify firms poised for significant revenue and earnings expansion, believing they have the potential to achieve above-average financial growth. This selection is based on several key indicators, such as robust sales volume and unit growth, expanding industry trends, strong or improving returns on assets and equity, and a healthy balance sheet. Furthermore, the fund has the flexibility to allocate up to 25% of its total assets, as measured at the time of acquisition, to international companies, including those operating within emerging market economies.
Meridian Growth Fund is most often compared with the following Financial Services names: