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Home > Financial Services > Mutual Funds > Meridian
Meridian
Meridian Fund, Inc. has been running mutual funds for over twenty years. The Meridian Growth Fund started in 1984, the Meridian Value Fund in 1994, and our newest, the Meridian Equity Income Fund, on January 31, 2005.
Meridian Fund, Inc. is the beneficial owner of its portfolio securities. Accordingly, the Fund's Board of Directors, acting on behalf of the Fund and each of its series, has the right and the fiduciary obligation to vote proxies relating to the Funds' portfolio securities in a manner consistent with the best interests of the Funds and their shareholders. Accordingly, the Board has approved the adoption of these Proxy and Corporate Action Voting Policies and Procedures with respect to voting proxies relating to portfolio securities held by the Funds.
Meridian Growth Fund seeks long-term growth of capital. The fund invests primarily in equity securities. Investments may include common stocks, convertible securities, and warrants. When evaluating companies, the advisor considers such factors as growth rates relative to P/E ratios, financial strength, quality of management, and relative value compared with other investments. The fund may invest up to 25 percent of assets in companies with fewer than three years of operating history. It may also invest in securities of foreign issuers.
Meridian Value Fund seeks long-term growth of capital. The fund normally invests at least 65 percent of total assets in common stocks and equity-related securities such as convertible debt securities and warrants. The fund may invest up to 35 percent of total assets in fixed income securities, including high yield bonds.
Meridian Equity Income Fund is a no load, diversified mutual fund and began operations on January 31, 2005. The primary objective of the fund is to seek long term growth of capital and income. The fund will emphasize investments in companies that pay dividends or interest, have the potential for capital appreciation and which the Investment Adviser believes may have the capacity to raise dividends in the future.
The minimum investment required is 1,000 dollars; the min Initial Investment IRA is 1,000 dollars, the Min Initial Investment, AIP is1000 dollars, Min Subsequent Investment is 50 dollars, the Min Subsequent Investment IRA 50 dollars, the Min Subsequent Investment, AIP is 50 dollars.
The company’s aim is to provide the investor with leading investment firms who have been responsible for managing assets for large corporations and institutional investors.
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