Most people are shocked to learn a new baby could potentially become a millionaire over their lifetime for one dollar a day,**
Wheaton, IL (PRWEB) April 2, 2009
The Monetta Young Investor Fund (http://www.younginvestorfund.com) NASDAQ: MYIFX has established a partnership with Munny Journey™ (http://www.munnyjourney.com), which offers a keepsake journal for a baby's first investments. The journal is designed to allow parents to compile a fascinating and comprehensive record of their child's financial journey through their first years.
"The "Munny Journey™" is a great addition to our age-based investment kits for the 1 to 7 year olds," says Bob Bacarella, Monetta's president. "It's both a keepsake journal and an educational tool to help parents get children started on the path to financial security."
The Munny Journey™ is a creation of Brad Dugdale, a veteran financial adviser and author of two books on personal finance. The journal is modeled after traditional baby books with two primary themes. The first is the keepsake theme, with pages dedicated to recording financial dreams and memories, such as baby's first dollar and first investment. The second theme organizes the journal into chapters, with easy to understand text about different investments and concepts, in a new and unique way. The journal's goal is to present the value of starting an investment plan early, illustrating the magic of compounding interest.
"Most people are shocked to learn a new baby could potentially become a millionaire over their lifetime for one dollar a day,**" says Brad Dugdale. "The key is to start investing that dollar per day in a stock mutual fund, that provides the opportunity to start with a low minimum investment and low additional deposit requirements."
The Monetta Young Investor Fund is a no-load mutual fund that invests half of its portfolio in Exchange Traded Funds (ETF's) that track the S&P 500 Index combined with investments in large-cap growth companies that are recognized by most investors. The fund is designed to get kids involved in the investment process with an innovative portfolio structure, a financial literacy program and tuition discount credits that may be applied at over 225 colleges nationwide. The minimum initial investment is $100, with the establishment of a $25 monthly automatic investment plan.*
For more information on Munny Journey™, please visit http://www.munnyjourney.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.
**Hypothetical scenario assumes one dollar per day, earning an estimated average 9% annual return compounded annually for a period of 65 years.
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 http://www.monetta.com. Read it carefully before investing.
Tuition Rewards are remitted solely as a reduction from the college's full tuition bill and are not awarded in cash. Certain restrictions may apply. The Tuition Rewards program is offered and administered by SAGE Scholars, Inc., a private for-profit corporation. Monetta Financial Services, Inc., (MFSI) through a partnership with SAGE Scholars offers a college tuition reduction program that may be used at over 225 participating colleges nationwide. All cost for the College Savings Program including participation in the Tuition Rewards Program are paid by MFSI. For program details and restrictions please visit http://www.tuitionrewards.com.
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 underperform, 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 that track the Index will be subject to certain risks which are unique to tracking the Index. By investing in ETF, 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. 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.
Distributed by Quasar Distributors, LLC.