Welcome Back, Meridian Growth - A seasoned manager is back for a second tour of duty in the Kip 25

摘要

THE NEWEST MEMBER OF THE Kiplinger 25 will be a familiar name to longtime readers. MERIDIAN GROWTH, which appeared on the list of our favorite funds in the mid '00s, is back. Meridian replaces T. Rowe Price Mid-Cap Growth, which recently stopped taking money from new investors. Meridian has compiled an impressive record investing in the same kinds of fast-growing, midsize companies the Price fund favors. Over the past decade through June 4, Meridian returned 7% annualized, an average of two percentage points per year better than Standard & Poor's MidCap 400-stock index and nine points per year ahead of the large-company-oriented S&P 500-stock index.