Meridian Small Cap Growth Fund (MSGGX)
Meridian Small Cap Growth Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Denver, CO, US. The stock last traded at $13.54, up 0.89% on the session, giving a market capitalisation of $348.7M. Its beta of 1.25 implies it has historically moved more than the broad market.
This fund aims to achieve long-term capital appreciation. Under typical conditions, it allocates a minimum of 80% of its total assets, which includes capital raised through borrowing for investment, to equity instruments issued by U.S. small-cap businesses. These equity holdings may comprise common stocks, preferred stocks, and securities convertible into either common or preferred shares. Furthermore, the fund retains the flexibility to invest up to 20% of its assets in securities from companies of any market valuation.
Meridian Small Cap Growth Fund is most often compared with the following Financial Services names: