MVALX – Meridian Contrarian Legacy Investment Strategy | Morningstar

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Strategy

The investment seeks long-term growth of capital. The Advisor emphasizes stocks which the Investment Adviser believes are undervalued in relation to the business' (or issuer's) long-term earnings power or asset value, or the stock market in general. The advisor intends to invest at least 65% of its total assets in common stocks and equity-related securities (such as convertible debt securities and warrants). It may invest up to 35% of its total assets in debt or fixed income securities, including higher yield, higher risk, lower rated or unrated corporate bonds commonly referred to as "junk bonds."

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MVALX	Meridian Contrarian Fund Legacy Class	No Load	Closed			Feb 10, 1994	$590.30M	1.180%	Above Average	$1,000	—
MFCIX	Meridian Contrarian Fund Investor Class	Institutional	Open			Nov 15, 2013	$7.29M	1.210%	High	$2,500	—
MFCAX	Meridian Contrarian Fund A Class	Front Load	Open			Nov 15, 2013	$2.40M	1.470%	High	$2,500	—
MFCCX	Meridian Contrarian Fund Class C	Level Load	Open			Jul 1, 2015	$407,754.00	2.250%	High	$2,500	—

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