Meridian Contrarian Fund

The Meridian Contrarian Fund's strategy centers on identifying equities that its advisor believes are undervalued. This assessment is made by comparing a company's stock price to its long-term earnings potential, underlying asset value, or its position relative to the broader market. A significant portion of the fund, at least 65% of its total assets, will be allocated to common stocks and other equity-linked investments, such as convertible debt and warrants. The remaining allocation, up to 35% of assets, offers flexibility to invest in debt or fixed-income instruments. This may include higher-yielding, higher-risk corporate bonds, including those that are lower-rated, unrated, or commonly known as "junk bonds."