About Monetta Financial Services, Inc.
Monetta Financial Services, Inc. (MFSI) is a boutique, registered investment advisor, managing two no-load mutual funds. The Founder, Robert S. Bacarella began managing a growth portfolio for a Fortune 500 company pension plan in the mid-70's. In 1979 Mr. Bacarella started an investment club which eventually grew into an investment partnership in the early eighties. In 1984 the partnership transformed into Monetta Financial Services, Inc., a registered investment advisory firm.
In 1986, the flagship, Monetta Fund was launched, emphasizing a growth oriented investing philosophy.
Mr. Bacarella was featured on the cover of Kiplinger Personal Finance Magazine highlighting his sell discipline and growth investment philosophy.
In 2006 the Monetta Young Investor Fund was launched, combining a passive/active investment approach. The passive portion seeks to minimize performance uncertainty relative to the market, while the active portion emphasizes large capitalization growth stocks with a high degree of earnings sustainability and growth.
In 2008, the founder son, Robert J. Bacarella joined the firm and this father/son team currently
co-manage the Monetta Fund and Monetta Young Investor Fund.