Morningstar

Meridian Hedged Equity Fund® A Class MRAEX

Morningstar Medalist Rating
Medalist Rating as of | See Meridian Investment Hub
  • NAV / 1-Day Return 13.26  /  +0.08 %
  • Total Assets 35.1M
  • Adj. Expense Ratio
    1.520%
  • Expense Ratio 1.500%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Equity Hedged
  • Investment Style Mid Value
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 1.14%
  • Turnover 40%

USD | NAV as of Jul 14, 2026 | 1-Day Return as of Jul 14, 2026, 12:51 AM GMT+0

Morningstar’s Analysis MRAEX

Will MRAEX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MRAEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MRAEX 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 MRAEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Meridian Hedged Equity A 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.

by Morningstar Automated Analysis
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Portfolio Holdings MRAEX

More MRAEX Holdings
  • 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

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