Investment Team & History

  • Founded in 1984, Monetta is a boutique firm with several unique characteristics that sets us apart from other mutual funds. Our investment approach is based on what we’ve seen work over decades, both from our own experience and from observing successful investors. 

  • We offer two funds, the Monetta Fund and the Monetta Young Investor Fund. The Monetta Fund offers a more traditional stock-picking fund focused on large-capitalization growth companies with proven track records. The Monetta Young Investor Fund employs a symbiotic passive/active investment approach. Half the fund is invested in ETFs that track the S&P 500 Index with the balance invested in quality large-cap growth companies.

  • Both funds have a low minimum investment of $25 to open an account, making them an affordable choice for many investors.

  • Monetta is deeply devoted to promoting financial education and engagement among youth. We take a fun, informative approach as demonstrated by our quarterly newsletter, investment tutorial, and economic themed short adventure stories. 

  • We are passionate about financial literacy for kids and helping families save for college as demonstrated through our partnership with SAGE, a college tuition discount program accepted at over 450 private college and universities. 

Experienced Investment Team

Founded in 1984 with a 40 year track record. Each tenured member of the investment team invests alongside our clients.

Robert S. Bacarella

Founder & Portfolio Manager

40

Years at Monetta

Mr. Robert S. Bacarella is Founder and Chairman of Monetta Financial Services, Inc., a Registered Investment Advisor founded in 1984. He has served as the portfolio manager or co-manager of the Monetta Fund  and the Monetta Young Investor Fund since the Funds’ inceptions.

Before founding Monetta, Mr. Bacarella spent over 15 years with Borg-Warner Corporation, including in the role of Director-Pension Fund Investments.

He received his Bachelors Degree in Finance and Accounting from St. Joseph’s College and his MBA from Roosevelt University.

Robert J. Bacarella

Vice President & Portfolio Manager

17

Years at Monetta

Mr. Robert J. Bacarella, CPA, joined Monetta Financial Services, Inc. in September 2008 as a security analyst. He has been the co-manager of the Monetta Fund and the Monetta Young Investor Fund since December 2009. He has served as the firm’s Vice-President, Treasurer, Chief Financial Officer and Director since 2010.

Prior to joining Monetta, Mr. Bacarella was an audit manager at MidAmerica Bank from 2005 to 2008. He was a senior auditor at JPMorgan Chase from 2002 to 2005.

He received his Bachelors Degree in Accounting and Management Information Systems from Miami University and his MBA from Depaul University. He is a Certified Public Accountant.

Making investing affordable for EVERYONE