Meridian Funds, managed by ArrowMark Partners, released its “Meridian Small Cap Growth Fund” second quarter 2024 investor letter. Major index returns increased throughout the quarter due to strong profits from large-cap technology companies, especially those connected to artificial intelligence. But the market's breadth revealed a different picture. The fund returned -3.54% (net) in the second quarter compared to the Russell 2000 Growth Index’s -2.92% return. In addition, please check the fund’s top five holdings to know its best picks in 2024.
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