Expense Ratio History

MEIFX expense ratio history

MERIDIAN HEDGED EQUITY FUND, Legacy Class

Fund company
Meridian
Type
Mutual fund

1.42%

In basis points
142 basis points
Yearly cost per $10,000
$142
Prospectus dated
31 October 2025, filed with the SEC; rounded to 0.01%
Last change
Cut from 1.47% on 31 October 2025

Fee over time

MEIFX expense ratio: 1.41% until 1 Nov 2013, then 1.53%; 1.53% until 31 Oct 2014, then 1.37%; 1.37% until 30 Oct 2015, then 1.35%; 1.35% until 31 Oct 2016, then 1.27%; 1.27% until 31 Oct 2017, then 1.35%; 1.35% until 1 Nov 2018, then 1.40%; 1.40% until 31 Oct 2019, then 1.58%; 1.58% until 30 Oct 2020, then 1.28%; 1.28% until 1 Nov 2021, then 1.24%; 1.24% until 31 Oct 2022, then 1.20%; 1.20% until 31 Oct 2023, then 1.34%; 1.34% until 31 Oct 2024, then 1.47%; 1.47% until 31 Oct 2025, then 1.42%; read at 1.42% on 31 Oct 2025.0.00%1.00%2.00%3.00%Nov 2012Feb 2015May 2017Aug 2019Nov 2021Feb 20241.41% before1.42% from 31 Oct 2025
MEIFX expense ratio: 1.41% until 1 Nov 2013, then 1.53%; 1.53% until 31 Oct 2014, then 1.37%; 1.37% until 30 Oct 2015, then 1.35%; 1.35% until 31 Oct 2016, then 1.27%; 1.27% until 31 Oct 2017, then 1.35%; 1.35% until 1 Nov 2018, then 1.40%; 1.40% until 31 Oct 2019, then 1.58%; 1.58% until 30 Oct 2020, then 1.28%; 1.28% until 1 Nov 2021, then 1.24%; 1.24% until 31 Oct 2022, then 1.20%; 1.20% until 31 Oct 2023, then 1.34%; 1.34% until 31 Oct 2024, then 1.47%; 1.47% until 31 Oct 2025, then 1.42%; read at 1.42% on 31 Oct 2025.0.00%1.00%2.00%3.00%Nov 2012Apr 2017Sep 20211.41% before1.42% from 31 Oct 2025
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 5 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
MEIFX (this page) Legacy Class 1.42% 1.27% 31 Oct 2025
MRIEX Investor Class 1.41% 1.27% 31 Oct 2025
MRAEX Class A 1.75% 1.52% 31 Oct 2025
MRREX Institutional Class 1.29% 1.00% 19 Dec 2014
MRCEX Class C 2.73% 2.27% 31 Oct 2025

Every figure we've recorded

DateFeeWhat happened
31 Oct 2025 1.42% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-10-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Oct 2025 1.42% Cut from 1.47% to 1.42%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-10-24
31 Oct 2024 1.47% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-10-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Oct 2024 1.47% Raised from 1.34% to 1.47%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-10-28
31 Oct 2023 1.34% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-10-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Oct 2023 1.34% Raised from 1.20% to 1.34%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-10-27
30 Dec 2022 1.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-12-30 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Oct 2022 1.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-10-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Oct 2022 1.20% Cut from 1.24% to 1.20%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-10-28
1 Nov 2021 1.24% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2021 1.24% Cut from 1.28% to 1.24%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-10-28
30 Oct 2020 1.28% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-10-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Oct 2020 1.28% Cut from 1.58% to 1.28%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-10-28
31 Oct 2019 1.58% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-10-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Oct 2019 1.58% Raised from 1.40% to 1.58%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-11-14
1 Nov 2018 1.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-11-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Nov 2018 1.40% Raised from 1.35% to 1.40%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2018-11-13
31 Oct 2017 1.35% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-10-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Oct 2017 1.35% Raised from 1.27% to 1.35%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-11-09
31 Oct 2016 1.27% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-10-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Oct 2016 1.27% Cut from 1.35% to 1.27%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-11-08
30 Oct 2015 1.35% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-10-30 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
30 Oct 2015 1.35% Cut from 1.37% to 1.35%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2015-11-10
31 Oct 2014 1.37% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-10-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Oct 2014 1.37% Cut from 1.53% to 1.37%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-11-12
1 Nov 2013 1.53% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2013 1.53% Raised from 1.41% to 1.53%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2013-11-06
1 Nov 2012 1.41% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.42% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,711 in fees over 10 years

After fees, $10,000 grows to $14,167.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$146
3 years$452
5 years$781
10 years$1,711

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 15 prospectuses for this share class since 2012. Each one is listed above with a link to the filing.

How we read fees

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