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Take the first step with as little as $100
Don’t overcomplicate investing—consider the simplicity of owning the Monetta Core Growth Fund
Get started now—investing doesn’t have to be complicated
With low minimums, a simple application process and built-in diversification with the Monetta Core Growth Fund, getting started with investing is easy at Monetta. The Monetta Core Growth Fund is intended to serve as a core component to a portfolio, whether as a first-ever investment by a young investor or as a basic portfolio building block for an investor of any age. The combination of passive and active components is designed to serve as a turnkey solution—offering broad-based market exposure plus a carefully selected group of high quality, growth-oriented companies.
Support your progress with SAGE Scholars Tuition Rewards
We’re passionate about helping families save for college. In our experience, the most important success factor for investing with a goal to pay for college is simply to start in—and maintain your momentum with an Automatic Investment program. From the very first day, you can also benefit thanks to our partnership with SAGE Scholars, Inc. Monetta is one of the only mutual fund families to participate in the SAGE Scholars Tuition Rewards Program, which enables families to earn tuition discounts at over 407 private colleges and universities nationwide.
Give the gift of investing- and financial knowledge
Monetta is deeply devoted to promoting financial education and engagement among youth. Every quarter, we send a Kids Newsletter to investors who let us know they are investing on behalf of a child (or are themselves children!). Check out our Kids Corner for a library of educational games and other materials. Most important of all, kids can gain important hands-on experience tracking their investments and learning about the companies in their portfolios. The Monetta Core Growth Fund is designed to serve as a core component of an investor’s portfolio and includes both active and passive components- which may provide an ideal learning context for young investors.
Think of a “planetary portfolio” to stay on track for the long term
To stay on track over several decades of saving for retirement, it helps to visualize your portfolio as if it were our solar system. The Sun, represented by the S&P 500® Index, is the center or core that is always there, generating a market return (usually positive, though sometimes negative). The planets, represented by individual stock investments, tend to be more risky than the core, diversified portfolio. Some people may wish to implement that approach on their own. But for people who prefer a more turnkey approach, we offer The Monetta Core Growth Fund—with its combination of passive (the Sun) and active (the planets) components. We welcome investments from retirement accounts such as IRAs and make automatic investments and withdrawals easy.
Monetta Core Growth Fund
The Monetta Core Growth Fund seeks long-term capital growth by employing a symbiotic “passive/active” investment approach.
• Approximately 50% of the Fund’s assets are invested in indexed products that seek to track performance of the S&P 500® Index. This passive component provides broad diversification and a measure of confidence that this portion of the portfolio may match a market-level return.
• With the remaining balance of the Fund’s assets, we seek to exceed market returns by investing in high-quality, large capitalization growth companies with a demonstrated history of improving revenue and earnings growth.
We call this innovative construction a “Core Plus” approach to investing. We believe it keeps things simple for investors and offers potential benefits from both passive and active approaches. Here’s why:
Why have a passive component that seeks to track the S&P 500 Index?
• This portion of the portfolio provides broad diversification in a way designed to avoid market-timing mistakes and the risk of poor stock selections.
• Over long periods, the average managed stock fund rarely beats a broad-based market index such as the S&P 500 Index.
• Investors can know that at least a portion of their portfolio may approximate the return of the S&P 500 Index, which has historically generated attractive long-term returns.
Why have an active component focused on large-cap growth companies?
- Whereas the passive component seeks to deliver a market-level return, the active component provides the potential for outperformance relative to the S&P 500 Index.
- We focus on large, growing companies because they tend to be:
- More stable—Larger companies tend to have widely recognized and well-established businesses that have a proven competitive edge.
- More predictable—Larger companies’ revenue sources tend to be more predictable than less established companies.
- Less volatile—Large-cap stocks tend to be less volatile than mid- and small-cap stocks.
- More conservative—Historically, large-cap stocks have been more dependable, particularly in times of market stress.
Looking for a more traditional stock-picking fund focused on growth companies?
Click here to learn more about the Monetta Fund.
|Daily Performance (Page Updated 5/28/2020 )|
|Monetta Core Growth Fund||MYIFX||22.00||-0.07||-0.32||-4.18|
|S&P 500® Index||SPTR||-0.20||-5.44|
|Fund||Annualized Gross Expense Ratio (a)||Annualized Net Expense Ratio|
|Monetta Core Growth Fund (formerly the Monetta Young Investor Fund)||1.20%||N/A|
Source – Prospectus dated 04/30/2019.
(a) Gross expense ratios include Acquired Fund Fees and Expenses of 0.02% for Monetta Fund, 0.03% for the Monetta Core Growth Fund.
|Month End Performance and Historical Performance (Average Annual Total Return Quoted as of 04/30/2020)|
|Fund||Ticker||1 Yr||3 Yr||5 Yr||10 Yr||Life||Inception Date|
|Monetta Core Growth Fund||MYIFX||2.93||9.91||9.46||11.76||10.60||12/12/2006|
|S&P 500® Index||0.86||9.04||9.12||11.69|
|Quarter End Performance and Historical Performance (Average Annual Total Return Quoted as of 03/31/2020)|
|Fund||Ticker||1 Yr||3 Yr||5 Yr||10 Yr||Life||Inception Date|
|Monetta Core Growth Fund||MYIFX||-6.26||5.72||6.57||10.42||9.58||12/12/2006|
|S&P 500® Index||-6.98||5.10||6.73||10.53|
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 1-800-241-9772.
Frequently Asked Questions
All too often, people over-complicate the investment process. Our goal is to break down investing myths and concepts to help individuals make sound long-term investment decisions.
-Robert S. Bacarella
Why should I invest in mutual funds?
We believe mutual funds, which pool investors’ assets to purchase and own various types of securities, are a good choice for investors who want to keep investing simple. Mutual funds come in all different shapes and sizes. In our case, we focus on large-cap growth stocks. “Large-cap” is short for “large capitalization”—that is, big companies. “Growth stocks” refers to companies that are demonstrating growth in revenues or other metrics.
What is a no-load fund?
We believe investing should be simple and welcoming to all—no salesperson (and commission) required. Neither the Monetta Core Growth Fund nor the Monetta Fund charges any up-front fees upon initial investment. Those fees are referred to as “loads” in the industry.
What are the fund's investment objectives?
The Core Growth Fund seeks long-term capital growth with a passive/ active approach. The Monetta Fund seeks long-term capital growth by investing in those industry sectors and companies that the Adviser believes offer above average long-term growth potential. For detailed information about the investment objectives of the Monetta Core Growth Fund and the Monetta Fund, review each fund’s prospectus here.
What is the minimum initial investment required to open an account?
Start with just $100, with an automatic investment plan of $25 or more per month OR, open an account with $1,000— no additional investment required.
Where can I find the educational resources for kids?
Visit our Kids Corner to read past issues of our quarterly Kids Newsletter, play educational games and access a wealth of hands-on learning materials.
Still have questions?
Monetta Financial Services, Inc. | 1776-A S. Naperville Road, Suite 100, Wheaton, IL 60189 | Phone: 630-462-9800 | Email: firstname.lastname@example.org
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.
While the fund is no-load, management and other expenses still apply. Please refer to the prospectus for further details.
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 Monetta Core Growth 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.
Diversification does not assure a profit nor protect against loss in a declining market. Periodic investment plans do not assure a profit and do not protect against a loss in declining markets.
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 375 participating colleges nationwide. All costs for the College Savings Program, including participation in the Tuition Rewards Program, are paid by MFSI. For program details and restrictions please visit www.tuitionrewards.com
Tuition Reward registration bonus points are issued one time only. If the investor and/or student already has a Tuition Rewards account through Monetta or another SAGE financial partner, he or she is not eligible for additional registration points.
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.
Monetta Financial Services, Inc. is the adviser to the Monetta Funds. The Monetta Funds are distributed by Quasar Distributors, LLC.