Meridian ValueMVALX

Morningstar Rating

Fund Research and Analysis

by Michael Breen

Meridian Value has a good nose for value.

This fund has gained 14.4% for the year to date through Nov. 3, 2009, but lags nearly all its mid-cap blend rivals. Speculative fare has done best in the most recent market rally, and this fund has one of the higher-quality portfolios in its group. Read more

Kudos

Reasonable expenses.

Strong long-term record earned with below-average volatility. Read more

Risks

Owning out-of-favor stocks may increase exposure to company-specific risk. Read more

Strategy

This fund's strategy, devised by lead manager and fund founder Rick Aster in 1994, is to screen for companies that have had two or three disappointing quarters in a row on the grounds that such firms are often punished too harshly. Read more

Management

Lead manager Rick Aster founded the fund in February 1994 and is the architect of its strategy. Aster provides broad oversight and has the final say on which stocks enter the portfolio. Jamie England took over the fund's day-to-day management responsibilities in January 2004 after a two-year stint as analyst under his predecessor. Read more

Inside Scoop

This multi-cap fund looks for companies that have suffered several quarters of disappointing earnings but are poised for a rebound. Read more

First Name

Last Name

Email Address

Zip Code

Create Password

Verify Password

(6-15 characters; case sensitive)

What is your occupation or job title?

Select...

Your registration indicates agreement to the terms of use.

Picking Positions in Health Care
Watch more