Mutual Fund Shareholders Receive $175,112 In College Tuition Credits
Monetta Mutual Funds offers parents and children an opportunity to earn tuition credits of up to $15,600 that can be used at 172 colleges nationwide. Tuition credits are part of Monetta's college savings plan that combines savings, learning and fun with an incentive-based investment program and a financial literacy component.
Wheaton, IL (PRWEB) August 9, 2005 -- Monetta Mutual Fund shareholders in
conjunction with Sage Scholars, Inc. received a total of $175,112 in Tuition
Rewards™ credit from January to July 2005 that can be applied towards college
tuition fees at 172 colleges nationwide.
Tuition Rewards™ are part of
Monetta's College Savings Program, which includes an investment kit, an
incentive driven college savings plan, financial literacy program and a
quarterly investment newsletter.
Tuition Rewards™ credits, which can
equal up to one year of college tuition costs per student, are earned every six
months at 2.5% of the account value (5% per year) and do not affect the account
balance. The credits earned, which never expire and accumulate like frequent
flyer miles, can be used by any family member, including
relatives.
"Monetta's college savings plan strikes the balance between
tuition rewards, savings, learning and fun," says Bob Bacarella, Monetta Fund
president. "The program encourages disciplined savings and helps children
develop good financial habits that lead to economic independence."
To
receive information about Monetta's College Savings Program or Tuition Rewards™,
including a complete list of participating colleges, call 1-800-MONETTA or visit
Monetta's website at www.monetta.com.
Monetta Financial Services, Inc. is
the investment advisor to the Monetta No-Load Mutual Funds. It is the sponsor of
a college saving program that includes college Tuition Rewards/Credits, student
scholarships, financial literacy program and incentive driven college savings
plan.
The fund's investment objectives, risks, charges and expenses must
be considered carefully before investing. The prospectus 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.
While the funds’ are no-load, management
and distribution fees and other expenses may apply.
Tuition Rewards™ is a
registered trademark of Sage Scholars. This trademark has been licensed for use
by the licensee. For further information about Sage and a complete list of
participating colleges, please visit www.Sagescholars.com.
Distributed by Quasar
Distributors, LLC.
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Source : http://www.prweb.com/releases/2005/8/prweb269591.htm