Monetta Young Investor Fund
How to Invest in the Scholar's Edge® YIF Option

The Monetta Young Investor Fund (YIF) is available in the Scholar’s Edge® 529 College Savings Plan. To be eligible for Tuition Rewards and the financial education kit, the Young Investor Fund must be selected as an investment option (separate from the age-based selections).

Scholar’s Edge® is an advisor-sold 529 college savings plan, requiring an advisor/broker-dealer to complete Steps 1 and 2.

 

 

 

Once the Advisor completes Steps 1 and 2:

  • Tuition Rewards will send a confirming email requiring a user name
    and password to complete the  registration process.
  • Once registered in Tuition Rewards each student will automatically
    earn Tuition credits and receive the Financial Education Kit and
    Quarterly Newsletters.

The Minimum Investment in the Monetta Young Investor 529 Option is:

  • The minimum contribution required is between $25 and $1,000.
  • The portfolio allocator choice requires a $1,000 initial contribution invested in at least two fund choices.
  • Age-base, custom choice and individual fund portfolios require a minimum of $250 for the initial contribution. The minimum contribution can be reduced to $25 for accounts that establish an Automatic Investment Plan (AIP)*. The minimum monthly AIP is $25.

If you have additional questions please call 1.866.529.SAVE (1.866.529.7283) or Call Monetta at 630.462.9800 to help locate a financial advisor.


For more information please e-mail us at info@monetta.com.

Please read the Prospectus carefully before you invest. It contains more complete information about the Monetta Funds, including risks specific to each fund, fees and expenses. A free, hard-copy of the prospectus can be obtained by calling 1-800-241-9772.

Mutual fund investing involves risk. Principal loss is possible. The Funds may make short-term investments, without limitation, for defensive purposes, which investments may provide lower returns than other types of investments. The portion of the Young Investor 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. Growth-oriented funds may under-perform when growth stocks are out of favor. Please refer to the prospectus for further details. While the funds are no-load, management and other expenses still apply.

*The AIP Plan does not assure a profit 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.

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 cost for the College Savings Program including participation in the Tuition Rewards Program are paid by MFSI.

The Fund's website contains links to third-party websites. The Fund and the advisor are not affiliated with, sponsored by, or endorsed by any 3rd party website. Monetta Funds are not responsible for, nor can guarantee the accuracy of, information on 3rd party websites.

OFI Private Investments Inc., a subsidiary of OppenheimerFunds, Inc., is the program manager for Scholar's Edge® and OppenheimerFunds Distributor, Inc. is the distributor of Scholar's Edge®. Some states offer favorable tax treatment to their residents only if they invest in the state's own plan. Investors should consider before investing whether their or their designated beneficiary's home state offers any state tax or other benefits that are only available for investments in such state's qualified tuition program and should consult their tax advisor. These securities are neither FDIC insured nor guaranteed and may lose value.

The Monetta Young Investor Fund is offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of the Monetta Young Investor Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

This material is provided for general and educational purposes only and is not intended to provide legal, tax or investment advice, or for use to avoid penalties that may be imposed under U.S. federal tax laws. Contact your attorney or tax advisor regarding your specific legal, investment or tax situation.

Scholar's Edge® is operated as a qualified tuition program offered by The Education Trust Board of New Mexico and is available to all U.S. residents. OFI Private Investments Inc., a subsidiary of OppenheimerFunds, Inc., is the program manager for Scholar’s Edge®, and OppenheimerFunds Distributor, Inc. is the distributor of Scholar’s Edge®. Some states offer favorable tax treatment to their residents only if they invest in the state’s own plan. Investors should consider before investing whether their or their designated beneficiary’s home state offers any state tax or other benefits that are only available for investments in such state’s qualified tuition program. Any state-based benefit offered with respect to a particular 529 College Savings Plan should be one of many appropriately weighted factors considered in making an investment decision. Your client should consult with their tax or other advisor to learn more about how state-based benefits (including any limitations) would apply to your specific circumstances. In addition, some states may offer an income tax deduction to any qualified tuition programs. These securities are neither FDIC insured nor guaranteed and may lose value.

Any tax or legal information provided is merely a summary of our understanding and interpretation of some of the current income tax regulations and is not exhaustive. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation. Neither the Fund nor any of its representatives may give legal or tax advice.

Before investing in the Plan, investors should carefully consider the investment objectives, risks, charges and expenses associated with municipal fund securities. The Plan Description contains this and other information about the Plan, and may be obtained by asking your financial advisor, by visiting www.scholarsedge529.com or calling 1.866.529.SAVE (1.866.529.7283). Investors should read these documents carefully before investing.

Account owners do not invest in, and do not have ownership or other rights relating to, the underlying investments. The Plan’s underlying investments are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.

Scholar's Edge® is distributed by OppenheimerFunds Distributor, Inc. Member FINRA, SIPC.
225 Liberty Street, New York, NY 10281-1008
Scholar’s Edge® and the Scholar’s Edge® logo are registered trademarks of The Education Trust Board of New Mexico used under license. Oppenheimer and Quasar are not affiliated.

Monetta Financial Services, Inc. is the adviser to the Monetta Funds. The Monetta Funds are distributed by Quasar Distributors, LLC.