# EDGAR Filing Document

**Accession Number:** 0000745467
**File Stem:** 0001193125-23-072405
**Filing Date:** 2023-3
**Character Count:** 14153
**Document Hash:** e0abc8ed7f4564fb79391d3d30361156
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-072405.hdr.sgml**: 20230316

**ACCESSION NUMBER**: 0001193125-23-072405

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 14

**FILED AS OF DATE**: 20230316

**DATE AS OF CHANGE**: 20230316

**EFFECTIVENESS DATE**: 20230316

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MERIDIAN FUND INC
- **CENTRAL INDEX KEY:** 0000745467
- **IRS NUMBER:** 680024203
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-90949
- **FILM NUMBER:** 23738280

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FILLMORE STREET
- **STREET 2:** SUITE 325
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** 303-398-2929

**MAIL ADDRESS:**
- **STREET 1:** 100 FILLMORE STREET
- **STREET 2:** SUITE 325
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERIDIAN FUND INC/NEW
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### MERIDIAN ENHANCED EQUITY FUND (Series ID: S000001461)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Legacy Class        | MEIFX         | C000003881 |
| Investor Class      | MRIEX         | C000132936 |
| Class A             | MRAEX         | C000132937 |
| Institutional Class | MRREX         | C000132938 |
| Class C             | MRCEX         | C000156527 |

---

### MERIDIAN GROWTH FUND (Series ID: S000001462)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Legacy Class        | MERDX         | C000003882 |
| Investor Class      | MRIGX         | C000132939 |
| Class A             | MRAGX         | C000132940 |
| Institutional Class | MRRGX         | C000132941 |
| Class C             | MRCGX         | C000156528 |

---

### MERIDIAN CONTRARIAN FUND (Series ID: S000001463)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Legacy Class        | MVALX         | C000003883 |
| Investor Class      | MFCIX         | C000132942 |
| Class A             | MFCAX         | C000132943 |
| Institutional Class | MFCRX         | C000132944 |
| Class C             | MFCCX         | C000156529 |

---

### Meridian Small Cap Growth Fund (Series ID: S000042770)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Legacy Class        | MSGGX         | C000132293 |
| Investor Class      | MISGX         | C000132294 |
| Class A             | MSGAX         | C000132295 |
| Institutional Class | MSGRX         | C000132296 |
| Class C             | MSGCX         | C000156530 |

---

## Series and Classes Contracts Data

### MERIDIAN ENHANCED EQUITY FUND (Series ID: S000001461)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000003881 | Legacy Class        | MEIFX           |
| C000132936 | Investor Class      | MRIEX           |
| C000132937 | Class A             | MRAEX           |
| C000132938 | Institutional Class | MRREX           |
| C000156527 | Class C             | MRCEX           |

### MERIDIAN GROWTH FUND (Series ID: S000001462)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000003882 | Legacy Class        | MERDX           |
| C000132939 | Investor Class      | MRIGX           |
| C000132940 | Class A             | MRAGX           |
| C000132941 | Institutional Class | MRRGX           |
| C000156528 | Class C             | MRCGX           |

### MERIDIAN CONTRARIAN FUND (Series ID: S000001463)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000003883 | Legacy Class        | MVALX           |
| C000132942 | Investor Class      | MFCIX           |
| C000132943 | Class A             | MFCAX           |
| C000132944 | Institutional Class | MFCRX           |
| C000156529 | Class C             | MFCCX           |

### Meridian Small Cap Growth Fund (Series ID: S000042770)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000132293 | Legacy Class        | MSGGX           |
| C000132294 | Investor Class      | MISGX           |
| C000132295 | Class A             | MSGAX           |
| C000132296 | Institutional Class | MSGRX           |
| C000156530 | Class C             | MSGCX           |

?xml version="1.0" encoding="utf-8" ? MERIDIAN FUNDS INC

------

#### MERIDIAN FUND, INC.®

#### MERIDIAN GROWTH FUND®

#### CLASS A SHARES : MRAGX; CLASS C SHARES : MRCGX; INVESTOR CLASS SHARES : MRIGX

#### MERIDIAN CONTRARIAN FUND

#### CLASS A SHARES : MFCAX; CLASS C SHARES : MFCCX; INVESTOR CLASS SHARES : MFCIX

#### MERIDIAN HEDGED EQUITY FUND® (formerly, Meridian Enhanced Equity Fund)

#### CLASS A SHARES : MRAEX; CLASS C SHARES : MRCEX; INVESTOR CLASS SHARES : MRIEX

#### MERIDIAN SMALL CAP GROWTH FUND

#### CLASS A SHARES : MSGAX; CLASS C SHARES : MSGCX; INVESTOR CLASS SHARES : MISGX

#### (each, a "Fund" and collectively, the "Funds")

#### Supplement dated March 16, 2023

#### to the Funds' Prospectus and Summary Prospectus

#### dated December 30, 2022

#### Growth Fund
The Average Annual Total Returns Table for the Growth Fund is deleted in its entirety and replaced with the following:

#### Average Annual Total Returns

#### (For the year ended December 31, 2021)

---

| | | | |
|:---|:---|:---|:---|
| MERIDIAN GROWTH FUND<br> &nbsp;&nbsp;&nbsp;&nbsp;Investor Class Shares (11/15/13) | **1**<br> **Year** | **5**<br> **Year** | **Life of Class** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return Before Taxes | 15.01% | 16.45% | 12.88% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return After Taxes on Distributions | 10.42% | 13.64% | 10.31% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return After Taxes on Distributions and Sale of Fund Shares1 | 10.68% | 12.39% | 9.56% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A Shares (11/15/13)<br> Return Before Taxes | 14.76% | 16.14% | 12.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class C Shares (07/01/15)<br> Return Before Taxes | 13.94% | 15.31% | 12.30% |
| &nbsp;&nbsp;&nbsp;&nbsp; Russell 2500® Growth Index (reflects no deductions for fees, expenses or taxes) | 5.04% | 17.65% | 13.29% |

---

1 The Fund's returns after taxes on distributions and sale of Fund shares may be higher than its returns after taxes on distributions because it includes the effect of a tax benefit an investor may receive resulting from the capital losses that would have been incurred on the sale of the shares.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates for the character of income in question (as ordinary income or long-term gain) and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements such as 401(k) plans or individual retirement accounts.

\*\*\*

------

#### Contrarian Fund
The Average Annual Total Returns Table for the Contrarian Fund is deleted in its entirety and replaced with the following:

#### Average Annual Total Returns

#### (For the year ended December 31, 2021)

---

| | | | |
|:---|:---|:---|:---|
| MERIDIAN CONTRARIAN FUND<br> &nbsp;&nbsp;&nbsp;&nbsp;Investor Class Shares (11/15/13) | **1**<br> **Year**<br> **&nbsp;&nbsp;&nbsp;&nbsp;** | **5**<br> **Year**<br> **&nbsp;&nbsp;&nbsp;&nbsp;** | **Life of Class** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return Before Taxes | 26.06% | 17.29% | 13.16% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return After Taxes on Distributions | 22.05% | 14.11% | 10.20% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return After Taxes on Distributions and Sale of Fund Shares1 | 17.88% | 13.08% | 9.77% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A Shares (11/15/13)<br> Return Before Taxes | 25.72% | 16.99% | 12.86% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class C Shares (07/01/15)<br> Return Before Taxes | 24.83% | 16.24% | 13.30% |
| &nbsp;&nbsp;&nbsp;&nbsp; Russell 2500® Index (reflects no deductions for fees, expenses or taxes) | 18.18% | 13.75% | 11.46% |
| &nbsp;&nbsp;&nbsp;&nbsp; Russell 2500® Value Index (reflects no deduction for fees, expenses or taxes) | 27.78% | 9.88% | 9.53% |

---

1 The Fund's returns after taxes on distributions and sale of Fund shares may be higher than its returns after taxes on distributions because it includes the effect of a tax benefit an investor may receive resulting from the capital losses that would have been incurred on the sale of the shares.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates for the character of income in question (as ordinary income or long-term gain) and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements such as 401(k) plans or individual retirement accounts.

\*\*\*

#### Hedged Equity Fund
The Average Annual Total Returns Table for the Hedged Equity Fund is deleted in its entirety and replaced with the following:

------

#### Average Annual Total Returns

#### (For the year ended December 31, 2021)

---

| | | | |
|:---|:---|:---|:---|
| MERIDIAN HEDGED EQUITY FUND<br> &nbsp;&nbsp;&nbsp;&nbsp;Investor Class Shares (11/15/13) | **1**<br> **Year**<br> **&nbsp;&nbsp;&nbsp;&nbsp;** | **5**<br> **Year**<br> **&nbsp;&nbsp;&nbsp;&nbsp;** | **Life of Class&nbsp;&nbsp;&nbsp;&nbsp;** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return Before Taxes | 15.11% | 21.63% | 15.15% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return After Taxes on Distributions | 8.07% | 16.54% | 11.35% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return After Taxes on Distributions and Sale of Fund Shares1 | 11.45% | 16.08% | 11.20% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A Shares (11/15/13)<br> Return Before Taxes | 14.61% | 21.31% | 14.86% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class C Shares (07/01/15)<br> Return Before Taxes | 14.05% | 20.79% | 16.41% |
| &nbsp;&nbsp;&nbsp;&nbsp; S&P 500® Index (reflects no deduction for fees, expenses, or taxes) | 28.71% | 18.47% | 15.01% |
| &nbsp;&nbsp;&nbsp;&nbsp; Cboe S&P 500 BuyWrite Index (BXM) | 20.47% | 7.84% | 7.39% |

---

1 The Fund's returns after taxes on distributions and sale of Fund shares may be higher than its returns after taxes on distributions because it includes the effect of a tax benefit an investor may receive resulting from the capital losses that would have been incurred on the sale of the shares.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates for the character of income in question (as ordinary income or long-term gain) and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements such as 401(k) plans or individual retirement accounts.

\*\*\*

#### Small Cap Growth Fund
The Average Annual Total Returns Table for the Small Cap Growth Fund is deleted in its entirety and replaced with the following:

------

#### Average Annual Total Returns

#### (For the year ended December 31, 2021)

---

| | | | |
|:---|:---|:---|:---|
| MERIDIAN SMALL CAP GROWTH FUND<br> &nbsp;&nbsp;&nbsp;&nbsp;Investor Class Shares (12/16/13) | **1**<br> **Year**<br> **&nbsp;&nbsp;&nbsp;&nbsp;** | **5**<br> **Year**<br> **&nbsp;&nbsp;&nbsp;&nbsp;** | **Life of Class&nbsp;&nbsp;&nbsp;&nbsp;** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return Before Taxes | 7.79% | 15.17% | 13.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return After Taxes on Distributions | 0.42% | 11.98% | 11.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return After Taxes on Distributions and Sale of Fund Shares1 | 8.18% | 11.31% | 10.83% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A Shares (12/16/13)<br> Return Before Taxes | 7.46% | 14.89% | 13.65% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class C Shares (07/01/15)<br> Return Before Taxes | 6.75% | 14.08% | 11.43% |
| &nbsp;&nbsp;&nbsp;&nbsp; Russell 2000® Growth Index (reflects no deductions for fees, expenses or taxes) | 2.83% | 14.53% | 11.41% |

---

1 The Fund's returns after taxes on distributions and sale of Fund shares may be higher than its returns after taxes on distributions because it includes the effect of a tax benefit an investor may receive resulting from the capital losses that would have been incurred on the sale of the shares.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates for the character of income in question (as ordinary income or long-term gain) and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements such as 401(k) plans or individual retirement accounts.

\*\*\*

INVESTORS SHOULD RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE