The other fund that Bacarella references, is the Orion/Monetta Intermediate Bond Fund. Together, along with the flagship Monetta Fund and the award-winning Young Investor Fund, they comprise the Monetta Family of Mutual Funds managed by Monetta Financial Services, Inc. Together, along with the flagship Monetta Fund and the award-winning Young Investor Fund, they comprise the Monetta Family of Mutual Funds managed by Monetta Financial Services, Inc.
Monetta’s equity investment strategy is to identify and invest early on in growth companies, while following changing investor sentiment and market trends. Their fixed-income strategy seeks high current income and preserves capital, primarily through investment quality bonds. The family of funds offer diversified investment opportunities, low minimum investments*, retirement accounts and investing programs for children.
“We are money managers – we are not investment advisors or financial planners,” said Bacarella, who was well prepared to lead Monetta Financial Services as the firm’s chief executive officer. After college, he worked in the treasury department of a Fortune 500 company responsible for investing excess cash, commercial paper and treasuries. As he moved up in rank, he oversaw more than one billion dollars in assets, handled by several pension fund managers within the company.
Monetta’s mission is to assist shareholders in reaching the financial goals they set for themselves and their families. They do this by creating a range of investment products and striving to generate above-average performance results by using an active team-managed investment approach. The Young Investor Fund, which invests approximately 50% of its assets in exchange traded funds (“ETF’s”) and other funds that track the S&P 500 Index, seeks to control risk relative to the market through the Index weightings.
“In all the different approaches I’ve tried throughout my career, I am most comfortable with this. I feel I can control and minimize risk relative to the market with this innovative passive and active approach,” Bacarella said. “I have my kids, grandkids and other family members in it and I’m excited about the fund’s long-term prospects.” And there is good reason to be excited about it. The Young Investor Fund was the recipient of the 2013 Lipper Fund Award for the best Multi-Cap Core Fund based on consistent risk-adjusted performance among 214 funds over a five-year period, ending November 30, 2012.
Bacarella not only derives professional satisfaction from being fund manager of the Young Investor Fund, but also personal fulfillment, in fact in 2008 his son Robert J. Bacarella joined the firm. The fund exemplifies his belief in a family approach to investing and in the importance of promoting investment education at a very early age. “We have a whole program on financial literacy and education for children to open their minds to the concept of investing,” Bacarella said. “We know that children are technology savvy, so we connect with them on our website by providing a page that features numerous games and activities to educate them about money and investing. They also receive an entertaining quarterly newsletter to fill out. They learn something – that’s the whole idea.”
“This emphasis on families and kids is important to us,” said Bacarella. “We reach out to investors and families to help them understand how money should be managed and we help people develop the life skills that they will need to do well over time.” Promoting financial literacy is so important to Bacarella and his Illinois-based firm, that he authored a 24-chapter investment workbook that is currently given to Monetta fund investors and their children, and is also being used in some Chicago area high schools to teach students basic investment concepts.
Helping families start early to invest for a child’s college education is also a part of the Monetta mission. They created a gift registry for the children of their investors. After parents enroll their children in the registry, then family members can contribute to that account for the child’s college education with a debit or credit card.
For more information, visit: www.monetta.com
Monetta Financial Services, Inc. paid to have this article produced.
* An account may be opened with a minimum deposit of $100 and a monthly automatic investment plan deposit of at least $25, or with a $1,000 deposit. An Automatic Investment Plan does not assure, and does not protect against, a loss in declining markets. Such a plan involves continuous investment in securities regardless of fluctuating price levels and investors should consider their financial ability to continue purchases through periods of low price levels.
The fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The summary and statutory prospectuses contains this and other important information about the investment company, and may be obtained by calling 1-866-964-4683, or visiting www.younginvestorfund.com. Read it carefully before investing.
All investments, including mutual funds, have risks and principal loss is possible. Mid-sized companies and mid-cap stocks may be more volatile than large-cap stocks. The Funds may invest in foreign securities which tend to be more volatile and less liquid than investments in U.S. securities and may lose value because of adverse political, social, or economic developments overseas. In addition, foreign investments may be subject to regulatory and accounting standards that differ from those of the U.S. The Funds may make short-term investments, without limitation, for defensive purposes, which investments may provide lower returns than other types of investments.The Monetta Young Investor Fund invests approximately 50% of its assets in exchange traded funds (ETF’s) or other funds that track the S&P 500 Index. The cost of investing in the shares of ETF’s will generally be lower than investing in other mutual funds that track an index, which will be subject to certain risks which are unique to tracking the Index. However, if the Fund invests in other mutual funds that track an index, your cost of investing will generally be higher
The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. Since indices are unmanaged, it is not possible to invest in them. A Lipper Fund Award is awarded to one fund in each Lipper classification for achieving the strongest trend of consistent risk-adjusted performance against its classification peers over a three, five or ten-year period. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Users acknowledge that they have not relied upon any warranty, condition, guarantee, or representation made by Lipper. Any use of the data for analyzing, managing, or trading financial instruments is at the user`s own risk. This is not an offer to buy or sell securities. Lipper Analytical Services, Inc. is an independent mutual fund research and rating service. The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world’s top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. The Thomson Reuters Awards for Excellence also include the Extel Survey Awards, the StarMine Analyst Awards, and the StarMine Broker Rankings. For more information, please contact markets. This email address is being protected from spambots. You need JavaScript enabled to view it. or visit excellence. thomsonreuters.com.
Opinions expressed are subject to change, are not guaranteed and should not be considered recommendations to buy or sell any security.
Past performance is no guarantee of future results.
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