Meridian Hedged Equity Fund Investor Class (MRIEX)

Overview

This fund is designed for investors seeking long-term growth of capital primarily through investments in equity securities of U.S. small capitalization companies. By allocating at least 80% of its net assets in these securities, including investments made with borrowed funds, the fund targets growth via exposure to small-cap U.S. firms. These companies are often characterized by their potential for rapid growth and innovation, albeit with a higher level of risk compared to more established large-cap entities. The fund's strategy includes the potential flexibility to invest up to 20% of its net assets in companies of any market capitalization, providing a measure of diversification. This could include investments in mid-cap or large-cap companies, either as a direct investment strategy or opportunistically, to adapt to changing market conditions or to capitalize on specific investment opportunities.

Products and Services

• Equity Securities of U.S. Small Capitalization Companies

  The fund primarily invests in equity securities, which include common stocks, preferred stocks, and securities convertible into common and preferred stocks of U.S. small capitalization companies. This core focus aims to capitalize on the growth potential of these entities. Small-cap companies are often in their early growth stages, offering significant potential for capital appreciation but come with a higher degree of volatility and risk than larger, more established companies.

• Investments in Companies of Any Market Capitalization

  Up to 20% of the fund's net assets may be allocated towards investments in securities of companies of any market capitalization. This component of the fund’s strategy allows for flexibility in portfolio construction, enabling the fund to pursue opportunities across the entire market cap spectrum. This could involve investing in mid-cap or large-cap companies that the fund's management believes offer attractive growth prospects or value, thus potentially providing a hedge against the higher volatility of small-cap investments or taking advantage of market trends and shifts.