Address And Details

1875 Lawrence Street, Suite 300 , Denver, CO 80202
Fund Manager Stephen C. Rogers
Manager Tenure 17 Years 9 Months

Strategy And Objective

The Fund’s investment objective is to attempt to replicate the performance of the largest non-financial companies as measured by the Nasdaq-100 Index®. The Nasdaq-100 Index® includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Marketbased on market capitalization. Nasdaq,which maintains the index,makes all determinations regarding the inclusion of stocks in the index.Each stock is weighted in proportion to its total market value.The Fund is passively managed.It invests primarily in the stocks comprising the index so that the weighting of each stock in the portfolio approximates the index.Shelton Capital Management,the investment advisor to the Fund,seeks to maintain a return correlation of at least 0.95 to the Nasdaq 100 Index® (a return correlation of 1.00 is perfect).Under normal market conditions,it is the Fund’s policy to invest at least 80% of its total assets (which includes the amount of any borrowings for investment purposes) in the stocks comprising the index.The Fund may invest in securities issued by other investment companies if thosecompanies invest in securities consistent with the Fund’s investment objective and policies.Companies included in The Nasdaq-100 Indexrange from $9 billion to $1,207 billion in market capitalization as of November 29,2019.The majority of portfolio transactions in the Fund(other than those made in response to shareholder activity) will be made to adjust the Fund's portfolio to track the Index or to reflect occasional changes in the Index's composition.The Fund may invest in futures contracts.The Fund generally maintains some short-termsecurities and cash equivalents in the portfolio to meet redemptions and needs for liquidity.Shelton will typically buy futures contracts so thatthe market value of the futures replicates the difference between the net assets of the fund and the equity holdings. This helps minimize thetracking error of the Fund.The Fund may become “non-diversified” as defined under the Investment Company Act of 1940,as amended,solely as a result of a change in relative market capitalizations or index weightings of one or more stocks in the Nasdaq-100 Index®.This means that the Fund may invest agreater portion of its assets in a limited number of issuers than would be the case if the Fund were always managed as a diversified management investment company.The Fund intends to be diversified in approximately the same proportion as the Nasdaq-100 Index®.Shareholder approval will not be sought when the Fund crosses from diversified to non-diversified status due solely to a change in the relativemarket capitalization or index weighting of one or more constituents of the Nasdaq-100 Index®.

Net Asset Value

as of 5:28 PM ET 09/17/2021

Performance

  • 1 Week
  • -0.68%
  • 1 Month
  • +2.26%
  • 3 Months
  • +8.28%
  • 1 Yr Return
  • +37.46%
  • 5 Yr Return
  • +182.36%

Equity Sector Breakdown

Technology 52.33%
RetailTrade 22.75%
NonDurables 8.07%
Health 4.89%
Services 4.40%
Utilities 2.31%
IndustrialCyclical 0.99%
ConsumerDurables 0.53%
Energy n/a
Finance n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 98.69%
ForeignStocks 2.29%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 1.19 B

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 8.27 7.56 4.52
Beta 1.02 1.02 1.05
R Squared 0.88 0.84 0.84
Std Deviation 20.19 16.70 15.46
Sharpe Ratio 1.44 1.63 n/a

Purchase Information

as of 5:33 PM ET 09/16/2021
Minimum Initial $1000
Minimum Additional $100
Minimum Initial IRA $1000

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +29.31%
  • +44.19%
+29.31% +44.19%
3 Year
  • +27.87%
  • +28.29%
+27.87% +28.29%
10 Year
  • +22.19%
  • +20.92%
+22.19% +20.92%
Life Of Fund
  • +7.04%
  • +6.76%
+7.04% +6.76%

Top 10 Holdings

Symbol Company Name % Of Assets
MSFT MICROSOFT CORP 9.51%
AMZN AMAZON COM INC 8.19%
FB FACEBOOK INC 4.00%
GOOG ALPHABET INC CLASS C 3.99%
TSLA TESLA INC 3.75%
GOOGL ALPHABET INC CLASS A 3.58%
NVDA NVIDIA CORP 3.10%
PYPL PAYPAL HOLDINGS INC 2.34%
CMCSA COMCAST CORP 2.02%
AAPL APPLE INC 10.56%

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