Mutual Fund Shareholders Receive $285,615 in College Tuition Reward Credits
Monetta Mutual Funds offers parents and children an opportunity to earn tuition credits that can be used at more than 175 colleges nationwide. Tuition credits are part of Monetta's college savings plan that combines savings, learning and fun with an incentive-based investment program and a financial literacy component.
WHEATON, IL (PRWEB) February 27, 2006 -- The Monetta/SAGE College Tuition RewardsTM Program has accumulated $285,615 in tuition credits for Monetta Mutual Fund Shareholders that may be used at over 175 participating colleges nationwide.
The credits accumulate semi-annually, like frequent flier miles, at a rate of 2.5% of a shareholder’s account balances. The credits never expire and can be used by any family member (under 16 years old) enrolled in the Tuition RewardsTM Program.
Tuition RewardsTM are part of Monetta’s College Savings Program, which focuses on getting children and young adults involved in the savings process through a collection of financial short stories, a quarterly newsletter, a stock market contest, an investment tutorial for teens and our Online Challenge, where shareholders can win prizes, including an IPod® Shuffle™ or Microsoft® Xbox.
“Our comprehensive College Savings Program not only involves children and young adults in the investing process, it also allows investors to accumulate up to one year’s college tuition through our Tuition RewardsTM Program,” says Bob Bacarella, Monetta Fund president. “In addition, anyone can receive $500 in Tuition RewardTM bonus credits just by visiting www.monetta.com and signing up for the Tuition RewardsTM Program.”
To receive additional information about Monetta’s College Savings Program or Tuition RewardsTM, including a complete list of participating colleges, call 1-800-MONETTA or visit Monetta’s website at www.monetta.com.
Disclosures
Monetta Financial Services, Inc. is the investment advisor to the Monetta No-Load Mutual Funds. It is the sponsor of a college saving program that includes college Tuition Rewards/Credits, student scholarships, financial literacy program and incentive driven college savings plan.
The Fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1-800-Monetta, or visiting www.monetta.com. Read it carefully before investing.
All investments, including those in mutual funds, have risks and principal loss is possible.
While the Funds’ are no-load, management and distribution fees and other expenses may apply.
Tuition Rewards™ are remitted solely as a reduction from the college’s full tuition bill, and are not awarded in cash.
Tuition Rewards™ is a registered trademark of SAGE Scholars. This trademark has been licensed for use by the licensee. For further information about SAGE and a complete list of participating colleges, please visit www.Sagescholars.com.
By enrolling in the SAGE Scholars Program you become a sponsor. A sponsor must identify a designated student at least two years before beginning college and can support multiple students from the same family. Tuition Rewards™ credits are applied evenly over a four-year undergraduate education and accumulate annually, equal to 2.5% of the Monetta account value on June 30 and December 31 of each year. Each student can earn up to $24,710 in Tuition Rewards™ or first year tuition, whichever is less at participating colleges. College may blend Tuition Rewards™ into the total financial reward package they offer to students.
Distributed by Quasar Distributors, LLC.
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