Meridian Small Cap Growth Fund A Class (MSGAX)
Meridian Small Cap Growth Fund A Class operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $12.65, up 0.88% on the session, giving a market capitalisation of $334.5M. Its beta of 1.25 implies it has historically moved more than the broad market.
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.
Meridian Small Cap Growth Fund A Class is most often compared with the following Financial Services names: