Wheaton, Illinois (PRWEB) May 07, 2013
Monetta Financial Services, Inc., the investment advisor to the Monetta Young Investor Fund (http://www.younginvestorfund.com, (NASDAQ: MYIFX) is pleased to announce a partnership with GiftofCollege.com.
GiftofCollege.com is an innovative internet registry that enables family members to make contributions to a child’s college gifting plan using a debit or credit card. Through the registry parents can track progress toward goals and create an interactive community of family and friends that include a student profile section, a friend connection page and blog postings.
“The Gift of College registry enables parents to track the progress of their college investing goals in a fun and community-oriented way” says Bob Bacarella, Monetta’s President. “It encourages the whole family to start contributing toward a child’s education and is a great compliment to the Monetta Young Investor Fund.”
Wayne Weber, founder of GiftofCollege.com says, “Monetta offers a college investment plan that combines investments, with an educational component and a college tuition credit program. We are delighted to partner with the Monetta organization with our GiftofCollege registry which will encourage family members and friends to contribute toward a child’s college education in an easy, fun and social way.”
The Monetta Young Investor Fund is a no-load mutual fund that uses a core-plus investment approach, which includes, a financial literacy component and tuition credit program that can offset college tuition cost at over 300 colleges nationwide. The minimum investment is $100, with the establishment of a $25 monthly automatic investment plan.*
GiftofCollege.com was the idea of Founder Wayne Weber, who designed this innovative social registry platform that makes it easier for friends and relatives to help parents invest for a child’s college education. This is a platform where parents can share their child’s hopes and dreams about their college choices and career paths in an interactive and social way.
For more information on GiftofCollege.com, please visit http://www.giftofcollege.com or for more information on the Monetta Young Investor Fund, please visit http://www.younginvestorfund.com or call 1-866-YNG-Investor (964-4683).
*An Automatic Investment Plan does not assure, and does not protect against, a loss in declining markets. Such a plan involves continuous investment in securities regardless of fluctuating price levels and investors should consider their financial ability to continue purchases through periods of low price levels.
Mutual fund investing involves risk. Principal loss is possible. 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. The Fund may invest in smaller companies and small-cap and mid-cap stocks may be more volatile and risky than large-cap stocks. The Fund may make short-term investments, without limitation, for defensive purposes, which investments may provide lower returns than other types of investments.
The Fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectuses contain this and other important information about the investment company, and may be obtained by calling 1-800-Monetta, or visiting http://www.monetta.com. Read carefully before investing.
For custodial accounts, MFSI has a "college savings program" where the Monetta Shareholders automatically receive an investment kit, a quarterly newsletter, various educational materials and in addition, if enrolled, will receive Tuition Rewards. All costs for the College Savings Program, including participation in the Tuition Rewards Program, are paid by MFSI.
While the Funds' are no-load, management and distribution fees and other expenses may apply. Please refer to the prospectus for further details.
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