Meridian Hedged Equity Fund’s Q4 2023 Investor Letter

Meridian Funds, managed by ArrowMark Partners, released its “Meridian Hedged Equity Fund” fourth quarter 2023 investor letter. News of declining inflation and the potential for lower interest rates in 2024 fueled optimism in the final months of the year.  Equities saw a broad rally, with small caps surging over 14% and large caps adding to yearly gains, resulting in a 12% return for the quarter. In the quarter, the fund appreciated 8.96% (net), trailing its benchmark, the S&P 500 Index, which returned 11.69%. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

A copy of Meridian Hedged Equity Fund’s Q4 2023 investor letter can be downloaded here.