Monetta Young Investor Fund... The Next Generation of College Saving Plans
Monetta Young Investor Fund is an innovative program that combines kids-theme/Index investing while encouraging financial literacy in a fun and educational way.
Wheaton, IL (PRWEB) May 21, 2007 -- The Monetta organization has launched an innovative mutual fund that combines an active and passive investment approach, that we believe has the potential to outperform the market, while using a kids themed investment strategy.
Historically, many themed funds have struggled with long-term performance as they lacked the portfolio diversification necessary to stay competitive. This is due to trading cost, market timing issues and the pressure of superior stock selection.
To minimize these factors, the Monetta Young Investor Fund (MYIFX) invests half of it's portfolio in an S&P 500 Exchange Trading Funds (ETF's) and the other half in individual stock investments, that we believe offer above average growth potential and that kids can relate to.
The MYIFX approach first uses the ETF component not only for portfolio diversification, but also to minimize turnover, trading cost and eliminate the need to time the market. *Furthermore, over long periods of time, index funds have consistently outperformed roughly three quarters of all active investment managers, after fees.
Secondly, the balance of the fund is invested in securities that are recognized by children and teenagers primarily, in the large market capitalization sector. This portion of the fund attempts to be socially responsible, meaning we avoid purchasing securities in the tobacco, gaming and alcohol sectors.
"We believe the Monetta Young Investor Fund is the only program that combines kids-theme/Index investing while encouraging financial literacy in a fun and educational way" said, Bob Bacarella Monetta's President.
For more information visit www.Younginvestorfund.com or call 1-866-YNG-INVESTOR (964-4683).
*Reflects no deduction for fees, expenses or taxes. The S&P 500 Index is the Standard & Poor's Index of 500 stocks, a widely recognized, unmanaged index of common stock prices. The S&P 500 Index is not available for direct investment.
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 maybe 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. Limiting the purchase of individual stocks to companies that produce products or provide services that are recognized by children or teenagers may be a risk if this sector underperforms, which can be significantly affected by the performance of the overall economy, interest rates, competition, consumer confidence and spending, and changes in demographics and consumer tastes.
The portion of the Fund that invests in underlying ETF's that track the Index will be subject to certain risks which are unique to tracking the Index. By investing in ETF's, you will indirectly bear your share of any fees and expenses charged by the underlying funds, in addition to indirectly bearing the principal risks of the funds. Please refer to the prospectus for further details.
For custodial accounts, Monetta Financial Services Inc. has a "college savings program" where Monetta Shareholders automatically receive an investment kit, a quarterly newsletter, various educational materials and in addition, if enrolled, will receive Tuition Rewards™ credits.
Quasar Distributors, LLC, distributor.
1776-A South Naperville Road • Wheaton • Illinois • 60187 • 1-800-Monetta
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