"By offering this low $25-minimum investment and matching gift, Monetta hopes individuals and families will take steps to start building their wealth," said Robert S. Bacarella, founder of Monetta.
WHEATON, IL, November 08, 2021 /24-7PressRelease/ -- Monetta Financial Services, Inc., adviser to the Monetta family of mutual funds, announced a $25 matching-gift promotion when investors create or increase an Automatic Investment Plan (AIP) promotion for as little as $25 per month.
"Starting with a diversified fund and adding to it regularly is the foundation of any wealth-building program," said Robert S. Bacarella, founder and co-portfolio manager at Monetta. "By offering this low $25-minimum investment and matching gift, Monetta hopes individuals and families will take steps to start building their wealth."
Participating in the promotion is simple for both new and existing shareholders of Monetta mutual funds:
• New shareholders: Open an account with as little as $25 and establish an Automatic Investment Plan (AIP) with as little as $25 per month
• Existing shareholders: Increase an AIP—or start a new AIP—for as little as $25 per month
• Automatically receive a $25 matching gift directly into your account
The fall promotion, which runs through the end of November*, is inspired by the film Ghostbusters. "The Ghostbusters were successful because they had the right tools, followed basic rules and were flexible enough to adjust to unexpected paranormal activity," Bacarella said.
Bacarella encourages investors to follow the Ghostbusters' example as they go about investing. "Develop a screening tool to identify prospective buys, follow a disciplined trading strategy, be prepared for unexpected events and never 'crossing the streams' in an attempt to time the market."
Monetta encourages investors to get started now with as little as $25. "Don't be afraid to invest!" To learn more and get started, visit https://monetta.com/ghostbusters-promotion-2021/
About Monetta
Monetta Financial Services, Inc. is a boutique Registered Investment Advisor founded in 1984 and headquartered in Wheaton, Ill. The firm launched the Monetta Fund in 1986 and the Monetta Young Investor Growth Fund in 2006. Learn more at www.monetta.com.
*The promotional period is Oct. 27, 2021 through Nov. 30, 2021. The promotion is limited to the first 500 accounts. It applies to both the Monetta Young Investor Growth Fund (MYIFX) and the Monetta Fund (MONTX). Newly established shareholders can qualify for the promotion by opening an AIP directly with Monetta. Established shareholders can qualify by opening a new AIP directly with Monetta or by increasing their current AIP by $25.
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.
Mutual fund investing involves risk. Principal loss is possible. The portion of the Fund that invests in underlying ETFs that track the Index will be subject to certain risks which are unique to tracking the Index. By investing in ETFs, 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.
The Standard and Poor's 500, or the S&P 500, is a free-float, weighted measurement stock market index of the 500 large companies listed on stock exchanges in the United States
Diversification does not guarantee a profit or protect from loss in a declining market.
The Monetta Funds are distributed by Quasar Distributors, LLC.
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