Orion Capital Management, Inc. Approved as Sub-Adviser to Monetta Intermediate Bond Fund

Monetta Financial Services has approved Orion Capital Management, Inc., as new sub-adviser for their Monetta Intermediate Bond Fund. The new fund name is Orion/Monetta Intermediate Bond Fund.

Wheaton, IL (PRWEB) June 9, 2009 -- Monetta Financial Services, Inc., the investment adviser to the Monetta Trust announced that the Board of Directors and shareholders have approved Orion Capital Management, Inc., as the sub-adviser to the Monetta Intermediate Bond Fund (NASDAQ: MIBFX), commencing June 1, 2009. The Fund's name has been changed to the Orion/Monetta Intermediate Bond Fund, employing a principal investment strategy of a diversified, intermediate term, high quality, investment grade portfolio, emphasizing current income.

Monetta Family of No-Load Mutual Funds

We are delighted with the approval of Orion Capital Management, Inc. as the sub-adviser to the Intermediate Bond Fund and, specifically, with Mr. Palmer's fixed-income expertise to manage the Fund

Our primary goal is to create a

family of funds which now includes the Orion Capital Management Team.

Our role as the sub-adviser is to invest primarily in high quality, intermediate term issues that should potentially provide an income stream needed to support a desired lifestyle

Our objective is not only to seek an above-average total return but, in addition, to enable a client to potentially earn a consistent income return with a predominantly short duration portfolio to help maintain principal stability.

"We are delighted with the approval of Orion Capital Management, Inc. as the sub-adviser to the Intermediate Bond Fund and, specifically, with Mr. Palmer's fixed-income expertise to manage the Fund," says Robert S. Bacarella Monetta President.
"Our primary goal is to create a "Best in Class" family of funds which now includes the Orion Capital Management Team."

Individual investors, wrap programs and variable annuities investors are now able to access this no-load, high quality investment portfolio, managed by Orion Capital Management, Inc.

"Our role as the sub-adviser is to invest primarily in high quality, intermediate term issues that should potentially provide an income stream needed to support a desired lifestyle," says George Palmer, portfolio manager. "Our objective is not only to seek an above-average total return but, in addition, to enable a client to potentially earn a consistent income return with a predominantly short duration portfolio to help maintain principal stability."

The Monetta Intermediate Bond Fund was launched in 1993, as a series of the Monetta Trust and currently includes the Monetta Young Investor Fund (NASDAQ: MYIFX), Monetta Mid-Cap Equity Fund (NASDAQ: MMCEX) and Monetta Government Money Market Fund (NASDAQ: MONXX).

For additional information or to request a free investment kit on the Orion/Monetta Intermediate Bond Fund, please visit www.monetta.com or call 1-800-Monetta or Orion Capital Management at (847) 441-0410.**

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.

Mutual fund investing involves risk. Principal loss is possible. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities.

Investments in Asset Backed and Mortgage Backed Securities that include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments.

An investment in the Monetta Government Money Market Fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

Investing in certain funds involve special risks, such as those related to investments in technology stocks, small and mid-capitalization stocks, investments in mutual funds that track an index and funds that focus their investments in a particular industry. Please refer to the prospectus for more details pertaining to these risks.

While the Funds' are no-load, management and distribution fees and other expenses may apply.

Distributed by Quasar Distributors, LLC.

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