Monetta Fund (MONTX)
Monetta Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $34.37, down 0.46% on the session, giving a market capitalisation of $113.3M. Its beta of 1.09 implies it has historically moved more than the broad market.
The Monetta Fund's investment strategy primarily involves allocating at least 65% of its net assets to common equity securities. While the fund is authorized to invest in companies across all market capitalization sizes, the Adviser largely expects to concentrate holdings in large-cap firms, defined as those with a market valuation of at least $10 billion when purchased. The fund has the flexibility to invest in more dynamic or high-volatility sectors, a choice that could lead to investment returns or losses that significantly deviate from the performance of the S&P 500® Index. Furthermore, the fund is permitted to dedicate up to 5% of its net assets to Exchange Traded Funds (ETFs) and a maximum of 10% to international stocks, which it primarily acquires through American Depositary Receipts (ADRs).
Monetta Fund is most often compared with the following Financial Services names: