Meeder Spectrum Fund - Retail Class
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- Meeder Spectrum Fund - Retail Class (FLSPX) is an open-end mutual fund managed by Meeder Investment Management that seeks long-term capital appreciation through a long-short equity strategy in global securities markets. The fund invests primarily in common and preferred stocks, as well as investment companies including domestic and foreign mutual funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts; it may allocate up to 100% of net assets to fixed income securities of any maturity or credit rating, including high-yield and unrated bonds, alongside cash equivalents. With total net assets of approximately $223 million, an expense ratio of 1.87%, and a minimum initial investment of $2,500, the fund maintains a blend investment style focused on large-cap stocks, categorized by Morningstar as Long-Short Equity, and is domiciled in the United States with daily pricing. Offered by Meeder Funds, distributed by Meeder Distribution Services, Inc., the fund forms part of a broader suite of tactical mutual funds spanning asset allocation, equity specialty, fixed income, and money market categories, serving financial advisors, individual investors, public entities, and institutional clients seeking diversified, defensive equity strategies. Launched on January 2, 2015, and managed by Robert Meeder since inception alongside Joseph Bell since 2018, the fund operates under Meeder Investment Management, founded in 1974 and headquartered at 6125 Memorial Drive, Dublin, Ohio. In 2024, Summit Financial Holdings acquired an equity stake in Meeder Wealth Management, enhancing its operational platform through SummitVantage technology and support services while preserving independence for Meeder's public funds and advisory divisions. Meeder Advisory Services launched the 2025 Financial Advisor AI Education Program, "All in With AI," in July 2025, partnering with Beemo Automation to deliver webinars, on-demand training, and AI tools like Jump AI for held-away asset visibility and integrated financial planning software. In December 2025, Meeder Funds engaged lobbying firms Capitol Venture LLC and YC Consulting LLC to advocate for the Mutual Fund Taxation GROWTH Act.