Monetta Young Investor Fund
1776-A S. Naperville Road, Suite 100
Wheaton, IL 60189 Toll Free (866)-964-4683
• THE MONETTA YOUNG INVESTOR FUND (“YOUNG INVESTOR FUND ”) SEEKS LONG-TERM CAPITAL GROWTH.
Most investment managers are not willing to acknowledge the fact that it is difficult to consistently exceed index fund returns. According to Travis Morien, an independent financial planner, “…it is mathematically impossible for everyone to be above average. No matter what the average is, there must always be a distribution such that half of all people (or in the case of investing, the managers of half of all invested dollars) would be below average”.
Historically, index funds have outperformed roughly three quarters of all active investment managers, after fees. On average, over the past 15 years ending 12/31/09, active large cap fund managers underperformed the S&P 500 Index by approximately 3% per year1. The major cause of underperformance relative to the index are the management fees and the cost of trading an active portfolio. Trading costs are not included in a fund's expense ratio, however,these costs can represent as much as 1.6% annually based on a fund turnover of 100%.
Accordingly, Monetta believes that to generate long-term returns that seek to exceed the index, a symbiotic investment approach is required that combines an active and passive investment approach.
• THE FUND APPROACH IS FOCUSED ON CONTROLING RISK BY MINIMIZING MARKET TIMING AND STOCK SELECTION DECISIONS
The Young Investor Fund (YIF) employs a "core-plus" investment approach. The Fund invests approximately 50% of its assets in low cost Exchange Traded Funds ("ETF's") or other funds that seek to track the S&P 500 Index. The remaining assets of the Fund are primarily invested in large capitalization equity stocks of individual companies which the Adviser considers high quality, well known companies that produce products or provide services that are recognized by most investors, including children and teenagers. In selecting individual stock investments, emphasis is placed on those companies that the Adviser believes to have above average long-term growth potential, a history of growth, an established and experienced management team and a strong balance sheet.
FOR YOUNG INVESTORS AND FAMILIES INVESTING FOR COLLEGE THE FUND INCORPORATES A FINANCIAL LITERACY COMPONENT AND COLLEGE TUITIION CREDIT PROGRAM AS SUMMARIZED BELOW. non-transferable points every year on his/her birthday according to the following schedule:
points every year on his/her birthday according to the following schedule:
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 300 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 costs for the College Savings Program, including participation in the Tuition Rewards Program, are paid by MFSI.
Monetta Family of Mutual Funds
1776-A S. Naperville Rd., Suite 100
Wheaton, IL 60189
The Monetta Funds are 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 any Monetta Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.
Distributed by Quasar Distributors, LLC