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- From: mohammed@altrax.ils.nwu.edu (Blimpy Boy)
- Newsgroups: misc.invest
- Subject: Re: Monetta
- Message-ID: <1993Jan25.201646.27722@ils.nwu.edu>
- Date: 25 Jan 93 20:16:46 GMT
- References: <jaeastman-220193175628@jmac.msd.anl.gov>
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- jaeastman@anl.gov (Jeff Eastman) writes:
- : Does anyone have any opinions on the Monetta mutual fund? Their
- : literature sounds good: no load, approximately 1.5% annual
- : management fee, good performance over the last 5 years (but
- : not good this year), and low initial minimum investment ($100).
- : Is there any reason not to open an account with them?
- :
- : _______________
- : Jeff Eastman
- : jaeastman@anl.gov
- : _______________
-
-
- I invested in Monetta last November so I cant really tell you anything.
- However, the fund plans to close when it reaches the 500 million mark
- but not before March 1st. It had around 400 million in assets at the
- end of December. Another fund that you may be interested in is FAM
- Value ($2000 initial minimum).
-
-
- Riad
-