Monetta Young Investor Growth Fund

Frequently Asked Questions About MYIFX

What does MYIFX invest in?

The fund invests approximately 50% of its assets in exchange-traded funds ("ETFs") that seek to track the S&P 500® Index or other broad-based market indices that primarily include stocks of large capitalization U.S. companies. The balance of the fund is directly invested in common stocks of companies of all market capitalization ranges and is diversified among industries and market sectors.

What is the expense ratio of MYIFX?

Monetta Young Investor Growth Fund (MYIFX) charges an expense ratio of 1.48%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MYIFX?

Monetta Young Investor Growth Fund (MYIFX) manages $43.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is MYIFX actively managed or an index fund?

MYIFX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MYIFX's is 1.48%) in exchange for the discretion to over- or under-weight positions.

When was MYIFX launched?

Monetta Young Investor Growth Fund (MYIFX) launched in December 2006 and is managed by the fund issuer.

How has MYIFX performed?

MYIFX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.