The relationship between grandparents and grandchildren is a very special one. Grandparents provide a special love without the responsibility of teaching life’s limitations. At the same time, this special relationship creates the opportunity to introduce good, basic values that eventually build character and shape their future.
As grandparents, you assist in instilling basic knowledge and values in your grandchildren, such as the importance of good manners, a healthy diet and looking both ways before crossing the street. Grandparents also have the unique opportunity to go beyond basic values to develop solid financial habits in your grandchildren in a fun and educational way. Monetta can help you to provide encouragement to your grandchildren with the newly launched “Young Investor Fund,” which combines a “kid’s themed” investment fund and a financial literacy program that gets children involved in the savings process.
The “Young Investor Fund” symbiotically combines investing in funds that track the S&P 500 Index with individual stock holdings that are recognizable by children, to create a feeling of ownership and inspire involvement. Investments may include such companies as McDonald’s, Disney, Target, Pepsi and Best Buy. This ownership interest is reinforced periodically with related product mailings and educational activities. Also included in the program is an investment kit, quarterly newsletter, economically themed short stories, an educational resource center and web-based educational games and activities where kids can win prizes and awards for participation.
To learn more about the Young Investor Fund visit the www.younginvestorfund.com website or call toll free 1-866-YNG-INVESTOR (964-4683).
The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospect us contains this and other important information about the investment company, and it may be obtained by calling 1-800-Monetta, or visiting www.monetta.com. Read it carefully before investing.
All investments, including those in mutual funds, have risks and principal loss is possible. Limiting the purchase of individual stocks to companies that produce products or provide services that are recognized by children or teenagers may be a risk if this sector underperforms, which can be significantly affected by the performance of the overall economy, interest rates, competition, consumer confidence and spending, and changes in demographics and consumer tastes. Fund holdings are subject to change at any time.
The portion of the Fund that invests in underlying funds that track the Index will be subject to certain risks which are unique to tracking the Index. By investing in the Funds, 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. Please refer to the prospectus for further details.
The S&P 500 is the Standard & Poor’s Index of 500 stocks, a widely recognized, unmanaged index of common stock prices.
Quasar Distributors, LLC, distributor.
Originally Published on GRAND Magazine in January-February 2007 Issue.