News and Insights
Monetta Young Investor Fund (MYIFX) Named a Finalist for Fund Intelligence’s “Fund Innovation of the Year” Award
News Release | WHEATON, IL—March 5, 2018 — Monetta Financial Services, Inc.’s “basic portfolio building block” mutual fund offering, the Monetta Young Investor Fund (MYIFX), has been shortlisted as a finalist in the 2018 Mutual Fund Industry Awards sponsored by Fund Intelligence.
The Monetta Young Investor Fund is a finalist in the “Fund Innovation of the Year” category, which is part of the Judge’s Choice Awards category. The full list of finalists, as announced by Fund Intelligence, includes:
- Charles Schwab index mutual fund expense reductions
- Great-West Financial’s Dynamic Retirement Manager
- State Street Fund Modernization and Reporting tool for ETFs
- The Monetta Young Investor Fund
- WisdomTree Investments’ Advisor Solutions Platform
“We are honored to be included among the esteemed finalists for the Fund Innovation award,” said Robert Bacarella, founder of Monetta Financial Services and co-portfolio manager of the Monetta Young Investor Fund. “Especially since the 2008 financial crisis, investors have been searching for a ‘better way.’ There have been many innovations over the past 10 years, but we believe the combination of active and passive together in one basic portfolio building block is among the most useful to a broad range of investors.” Read more…
March 5, 2018 | Monetta Funds Blog Post | By Bob Bacarella
After coming off a banner year in 2017 with the Dow Jones Industrial Average gaining 25%, some investors were caught off guard by the onslaught of market volatility in early 2018. In this environment—as in nearly all environments—we think it’s clear that investors are wise to stay invested in the market while being prepared to weather potentially higher volatility. We’d say the same thing even if storm clouds were looming larger, because the opportunity cost of getting out of the market can be high. Investors who shift to the sidelines miss potential further gains—as a downturn may not come—and, in the event the market does correct downward, they risk missing out on a subsequent upturn.
In our view, the best way to stay in the market—year in and year out—is for investors to bring together passive and active approaches in their portfolios, as our Monetta Young Investor Fund is designed to do in one investment vehicle. Read more…
March 5, 2018 | Monetta Funds Blog Post | By Bob Bacarella
If I told you there is an easy way to earn scholarship money that can cover up to a quarter of your child’s or grandchild’s college tuition, you may think it sounds too good to be true. And if I told you that this same program offers scholarships simply by opening an account and enrolling a child with no requirement to demonstrate “financial need” or academic achievement, you’d really be skeptical. But the reality is, this program exists through the SAGE Scholars Tuition Rewards program.
I’ve always been passionate about helping kids learn about money so they can make smart financial decisions when they’re older. Read more…
February 16, 2018 | Monetta Funds Blog Post
By now, just about everybody has seen the ad campaign with the king who calls out “dilly, dilly!” whenever a subject presents him with a gift of Bud Light. The catch-phrase went viral and Anheuser-Busch is rolling out multiple variations on the theme. But it’s worth remembering the original spot, where one poor wretch makes the mistake of offering his monarch a “spiced honey-mead wine” and is promptly dispatched to the Pit of Misery.
We generally don’t get our investment philosophy from beer commercials, but the takeaway from this one bears reflection: Deviate from what is working at your own peril.
That’s especially relevant when it comes to three longtime holdings on which, notwithstanding an incredible run, we remain constructive, at least for the time being. Read more…
“A Baker’s Dozen of Bargain-Bin Stocks Held Down By Year-End Tax-Loss Selling”
December 20, 2017 | MarketWatch
Bob Bacarella discusses stocks that could have the potential to rebound after year-end tax-loss selling with MarketWatch’s Michael Brush. Read article at Marketwatch.com
Chuck Jaffe Interviews Bob Baceralla
November 16, 2017 | MoneyLife
In a recent interview with Chuck Jaffe on Money Life, Bob Bacarella shared his views on the current market environment. To listen to the full 17-minute interview, click here.
Monetta Financial Services, Inc. | 1776-A S. Naperville Road, Suite 100, Wheaton, IL 60189 | Phone: 630-462-9800 | Email: email@example.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 Monetta 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.
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.