Meridian Hedged Equity Legacy holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.
Meridian Hedged Equity Fund® Legacy Class MEIFX
- NAV / 1-Day Return 13.56 / +0.22 %
- Total Assets 35.1M
-
Adj. Expense Ratio
1.270%
- Expense Ratio 1.250%
- Distribution Fee Level Average
- Share Class Type No Load
- Category Equity Hedged
- Investment Style Mid Value
- Min. Initial Investment 1,000
- Status Closed
- TTM Yield 1.33%
- Turnover 40%
USD | NAV as of Jun 09, 2026 | 1-Day Return as of Jun 09, 2026, 2:06 AM GMT+0
Morningstar’s Analysis MEIFX
Will MEIFX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the MEIFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of MEIFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 39.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Goldman Sachs FS Government Instl | 20.72 | 7M | Cash and Equivalents |
MGM Resorts International | 5.79 | 2M | Consumer Cyclical |
CrowdStrike Holdings Inc Class A | 4.40 | 1M | Technology |
Electronic Arts Inc | 4.29 | 1M | Communication Services |
DraftKings Inc Ordinary Shares - Class A | 4.27 | 1M | Consumer Cyclical |
Clear Secure Inc Ordinary Shares Class A | 4.06 | 1M | Technology |
FedEx Corp | 4.01 | 1M | Industrials |
Danaher Corp | 3.84 | 1M | Healthcare |
Brookfield Asset Management Ltd Ordinary Shares - Class A | 3.73 | 1M | Financial Services |
Aurora Innovation Inc Class A | 2.89 | 973,968 | Consumer Cyclical |
United States