Meridian Enhanced Equity Fund

Portfolio Characteristics as of 03.31.2022
 The Fund
Assets Under Management $58 mil
Number of Holdings 109
Weighted Average Market Cap $158.5 bil
Price to Earnings 19.7
Price to Book 3.0
Price to Sales 1.4
Price to Cash Flow 15.5

 Source: Bloomberg



Number of Holdings: The total number of individual equities held by the Fund.

Weighted Average Market Capitalization:
 The weighted average of market capitalization (market price multiplied by the number of shares outstanding) of the stocks in the portfolio, weighted according to its percent held in the fund.

Price to Earnings Ratio: 
A valuation ratio of current share price compared to its per-share operating earnings over the previous four quarters.

Price to Book: 
A ratio used to compare a stock’s market value to its book value. It is calculated by dividing the current closing price of the stock by the latest quarter’s book value per share.

Price to Sales: 
A ratio for valuing a stock relative to its own past performance, other companies or the market itself. Price to sales is calculated by dividing a stock's current price by its revenue per share for the trailing 12 months.

Price to Cash Flow: 
A measure of the market's expectations of a firm's future financial health. Because this measure deals with cash flow, the effects of depreciation and other non-cash factors are removed.

Sector Breakdown as of 03.31.2022
Sector Weighting (% of Portfolio)
Communication Services 9.57%
Consumer Discretionary 11.29%
Consumer Staples 15.25%
Energy 0.00%
Financials 6.84%
Health Care 1.61%
Industrials 13.07%
Information Technology 29.02%
Materials 2.68%
Real Estate 2.66%
Utilities 2.14%
Other 2.41%

Portfolio characteristics and sectors are subject to change. Past performance does not guarantee future results. Please refer to the glossary for specific details on each data point.