The longevity of the Monetta Fund and Mr. Bacarella’s uninterrupted service as a 30-year manager is an accomplishment which only a few managers can claim
Wheaton, Illinois (PRWEB) June 09, 2016
Monetta Financial Services, Inc., is pleased to celebrate the Monetta Mutual Fund’s (MONTX) 30th anniversary. Since its inception on May 6, 1986, the Fund has been managed by Robert S. Bacarella, the president and founder. Monetta Fund evolved from an investment club that started in the mid-70’s, to an investment partnership in 1979 before launching the fund as a registered investment company in 1986.
Mr. Bacarella, as manager of the Monetta Fund, was featured on the cover of Kiplinger Personal Finance Magazine in March 1992 highlighting the Fund’s performance and growth investment philosophy. Commenting on his three decades of managing the Fund, Mr. Bacarella stated, “It has been both an exhilarating and humbling experience to weather the ups and downs of the market over the years. I enjoy the intensely competitive nature of the stock market especially with the sheer speed and volume of information that can affect the market.”
The longevity of the Monetta Fund and Mr. Bacarella’s uninterrupted service as a 30-year manager is an accomplishment which only a few managers can claim...especially when you consider it all started out as an investment club.
For additional information please visit Monetta’s website at http://www.monetta.com or call 1-800-241-9772.
All investments, including those in mutual funds, have risks and principal loss is possible.
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 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 summary and statutory prospectuses contains this and other important information about the investment company, and may be obtained by calling 1-800-241-9772, or visiting http://www.monetta.com. Read it carefully before investing.
The Monetta Funds are distributed by Quasar Distributors, LLC.