Meridian Small Cap Growth Fund (MISGX)
The fund seeks long-term growth of capital by investing, under normal circumstances, at least 80% of its net assets, including the amount of any borrowings for investment purposes, in equity securities (including common stocks, preferred stocks and securities convertible into common and preferred stocks) of U.S. small capitalization companies. It may also invest up to 20% of its net assets in securities of companies of any market capitalization.
Fund Info
US5896198406
589619840
Dec 16, 2013
$2,500
Small-Cap
Growth
Expense Ratio
MISGX has a high expense ratio of 1.22%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Meridian Small Cap Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Meridian Small Cap Growth Fund had a return of 3.09% year-to-date (YTD) and 10.57% in the last 12 months. Over the past 10 years, Meridian Small Cap Growth Fund had an annualized return of 1.00%, while the S&P 500 had an annualized return of 11.29%, indicating that Meridian Small Cap Growth Fund did not perform as well as the benchmark.
MISGX
3.09%
1.78%
7.28%
10.57%
-2.88%
1.00%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of MISGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.76% | 3.09% | |||||||||||
| 2024 | -2.64% | 5.59% | 3.21% | -6.61% | 3.75% | -0.48% | 3.63% | 2.65% | -0.15% | -1.97% | 9.14% | -5.68% | 9.65% |
| 2023 | 10.16% | -0.43% | -2.49% | -1.32% | 0.53% | 5.41% | 4.12% | -7.27% | -7.06% | -8.15% | 10.31% | 12.12% | 14.02% |
| 2022 | -9.14% | -2.04% | 2.01% | -8.64% | -5.14% | -8.01% | 7.42% | -2.62% | -7.50% | 9.88% | 1.12% | -15.63% | -34.34% |
| 2021 | 1.55% | 6.33% | -0.14% | 3.56% | -0.45% | 3.90% | -0.09% | 1.94% | -2.92% | 1.66% | -4.89% | -26.91% | -19.29% |
| 2020 | -4.25% | -7.31% | -22.80% | 20.05% | 9.49% | 1.46% | 4.85% | 3.78% | 0.06% | 2.26% | 15.16% | 6.93% | 25.30% |
| 2019 | 7.44% | 5.23% | 0.12% | 0.31% | -7.17% | 4.53% | -0.83% | -5.27% | 1.83% | 1.00% | 7.39% | -1.66% | 12.43% |
| 2018 | 2.19% | -0.55% | 0.99% | 2.26% | 6.33% | 1.01% | 0.94% | 7.54% | -1.23% | -8.55% | 1.25% | -20.27% | -10.78% |
| 2017 | 1.55% | 1.38% | 1.51% | 2.05% | 0.55% | 3.65% | 1.59% | -0.59% | 5.66% | -0.25% | 1.37% | -1.72% | 17.87% |
| 2016 | -8.89% | 1.27% | 8.19% | 1.96% | 1.31% | 2.16% | 5.99% | 2.31% | 2.72% | -5.00% | 7.42% | 0.52% | 20.36% |
| 2015 | -3.75% | 5.68% | 1.92% | -2.83% | 3.56% | 1.41% | -2.00% | -5.11% | -5.80% | 2.64% | 2.49% | -5.86% | -8.24% |
| 2014 | -3.06% | 4.94% | 4.80% | -1.80% | 0.37% | 6.10% | -3.69% | 2.94% | -3.72% | 9.35% | 0.66% | 0.16% | 17.32% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MISGX is 28, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Meridian Small Cap Growth Fund (MISGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Meridian Small Cap Growth Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Meridian Small Cap Growth Fund was 59.65%, occurring on Oct 27, 2023. The portfolio has not yet recovered.
The current Meridian Small Cap Growth Fund drawdown is 43.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -59.65% | Nov 4, 2021 | 498 | Oct 27, 2023 | — | — | — |
| -50.54% | Sep 4, 2018 | 387 | Mar 18, 2020 | 184 | Dec 8, 2020 | 571 |
| -28.27% | Jun 24, 2015 | 161 | Feb 11, 2016 | 192 | Nov 14, 2016 | 353 |
| -9.34% | Feb 16, 2021 | 27 | Mar 24, 2021 | 64 | Jun 24, 2021 | 91 |
| -7.02% | Jul 7, 2014 | 62 | Oct 1, 2014 | 20 | Oct 29, 2014 | 82 |
Volatility
Volatility Chart
The current Meridian Small Cap Growth Fund volatility is 3.63%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.