Monetta Young Investor Fund (MYIFX) Named a Finalist for Fund Intelligence's "Fund Innovation of the Year" Award

    WHEATON, IL, March 09, 2018 /24-7PressRelease/ -- 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."

The Monetta Young Investor Fund seeks long-term capital growth by employing a symbiotic "passive/active" investment approach. The Fund invests approximately 50% of its assets in exchange-traded funds (ETFs) and other funds that, together, seek to track the S&P 500 Index. The balance of the Fund is invested in high-quality, large-capitalization growth companies that have demonstrated a history of improving revenue and earnings growth.

The Fund is intended to serve as a core component 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 provides a turnkey solution--broad-based market exposure plus a carefully selected group of high-quality, growth-oriented companies.

While the fund is suitable for investors of all ages, the genesis of the Fund was to provide young investors with an appropriate investment vehicle that could also be educational and help families save for college. To that end:
- Monetta has a partnership with the SAGE Tuition Rewards Scholarship program, which allows children to earn credits toward tuition at participating colleges.
- Monetta also provides a "Kids Financial Kit" consisting of basic educational materials.
- Monetta sends quarterly "Young Investor" newsletters to young investors with topical educational articles.

About Monetta

Monetta Financial Services, Inc. is a boutique Registered Investment Advisor founded in 1984. The firm launched its flagship Monetta Fund in 1986, emphasizing a growth-oriented investment philosophy. The Monetta Young Investor Fund launched in 2006, combining a passive and active investment approach within the same fund--to serve as a turnkey solution for investors of all ages. Learn more at www.monetta.com.

Investing in both actively and passively managed mutual funds involves risk and principal loss is possible. Both actively and passively managed mutual funds generally have daily liquidity. There are no guarantees regarding the performance of actively and passively managed mutual funds. Actively managed mutual funds may have higher portfolio turnover than passively managed funds. Excessive turnover can limit returns and can incur capital gains.

Mutual fund investing involves risk. Principal loss is possible. The portion of the 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. The Fund may make short-term investments, without limitation, for defensive purposes, which investments may provide lower returns than other types of investments. Diversification does not assure a profit, nor does it protect against a loss in a declining market.

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 1-800-241-9772, or visiting www.monetta.com. Read it carefully before investing.

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. It is not possible to invest directly in an Index.

The Monetta Funds are distributed by Quasar Distributors, LLC.

www.monetta.com

Monetta Financial Services, Inc.
1776-A South Naperville Road, Suite 100
Wheaton, Illinois 60189
1-800-241-9772

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