MRCGX Performance — Meridian Growth Fund, Class C
Data updated: 2026-09-03
MRCGX returned +9.07% year to date and +6.24% over one year to Jun 2026. Annualised returns are +2.07% over 3 years and −3.28% over 5 years. The fund trailed its US Mid-Cap Growth category average: $100 invested three years ago grew to $106, against $152 for the category, and to $106 over one year, against $118. Volatility over the past three years was 17.67% a year. In the 12 months to Jun 2026 the fund lost a net $238.3M, and assets reached $542.87M.
MRCGX Growth of $100
What $100 invested in Meridian Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Growth category average over the same months.
| Period | MRCGX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $106 | $152 |
| 5 years (Jul 2021 – Jun 2026) | $85 | $129 |
| Since data start (Jul 2019 – Jun 2026) | $128 | $203 |
MRCGX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.07% |
| 1 year | +6.24% |
| 3 years (annualised) | +2.07% |
| 5 years (annualised) | −3.28% |
MRCGX Annual Returns
Calendar-year total returns of Meridian Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.07% |
| 2025 | −7.20% |
| 2024 | +5.47% |
| 2023 | +14.23% |
| 2022 | −29.97% |
| 2021 | +13.94% |
| 2020 | +23.70% |
| 2019 (Jul–Dec) | +6.03% |
MRCGX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.2% | −1.3% | −6.8% | +9.5% | +4.2% | +4.1% | — | — | — | — | — | — |
| 2025 | +4.1% | −4.7% | −7.4% | −3.5% | +4.2% | +3.2% | −2.3% | +2.9% | −2.4% | −2.3% | +2.2% | −0.5% |
| 2024 | −3.2% | +4.6% | +0.7% | −6.1% | +4.9% | −0.7% | +3.2% | +3.3% | +0.1% | −3.4% | +9.2% | −6.2% |
| 2023 | +11.2% | −1.3% | +1.2% | −1.6% | −0.8% | +5.9% | +2.1% | −6.8% | −5.6% | −7.7% | +8.6% | +10.6% |
| 2022 | −8.8% | −0.4% | +0.3% | −10.0% | −4.7% | −9.6% | +9.5% | −3.7% | −10.0% | +6.5% | +2.6% | −4.5% |
| 2021 | +1.6% | +4.5% | +2.4% | +3.9% | −1.1% | +2.9% | +0.8% | +0.4% | −3.5% | +3.5% | −0.9% | −1.0% |
| 2020 | −3.5% | −7.8% | −22.1% | +18.7% | +9.7% | +1.9% | +6.7% | +2.7% | −0.8% | +2.9% | +12.2% | +7.1% |
| 2019 | — | — | — | — | — | — | −0.6% | −4.3% | +2.5% | +0.6% | +5.9% | +2.0% |
MRCGX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 17.67%
- 3-year Sharpe ratio: -0.14 (vs 4.5% risk-free rate)
- Best month: +10.63% (Dec 2023)
- Worst month: −7.70% (Oct 2023)
MRCGX Fund Flows
Monthly money in and out of Meridian Growth Fund, from SEC Form N-PORT.
- 12-month net flow: −$238.3M
- 12-month gross sales (incl. reinvestments): $60.4M
- Sales ÷ redemptions: 0.20×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $568K | $10.9M | −$10.3M |
| May 2026 | $446K | $13.2M | −$12.7M |
| Apr 2026 | $704K | $12.0M | −$11.3M |
| Mar 2026 | $1.1M | $12.8M | −$11.7M |
| Feb 2026 | $763K | $16.1M | −$15.4M |
| Jan 2026 | $752K | $20.0M | −$19.2M |
| Dec 2025 | $47.4M | $107.7M | −$60.3M |
| Nov 2025 | $1.2M | $13.4M | −$12.2M |
| Oct 2025 | $1.5M | $16.5M | −$15.0M |
| Sep 2025 | $1.7M | $16.1M | −$14.4M |
| Aug 2025 | $1.5M | $35.3M | −$33.8M |
| Jul 2025 | $2.7M | $24.7M | −$22.0M |
MRCGX Assets Under Management
Net assets of Meridian Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $542.87M |
| 2026-03-31 | $487.11M |
| 2025-12-31 | $575.47M |
| 2025-09-30 | $714.28M |
| 2025-06-30 | $798.06M |
| 2025-03-31 | $827.39M |
| 2024-12-31 | $1.01B |
| 2024-09-30 | $1.08B |
| 2024-06-28 | $1.15B |
| 2024-03-28 | $1.26B |
| 2023-12-29 | $1.38B |
| 2023-09-29 | $1.29B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.