S&P MidCap Index Fund
The Fund’s investment objective is to attempt to replicate the performance
of medium-sized U.S. companies as measured by the S&P MidCap 400 Index.
as of 12/31/15
as of 12/31/15
Fund at a Glance
Index investing has become one of the most popular investment styles in the United States. We feel that in efficient markets, the lower relative fees give our index funds a distinct advantage over actively managed funds with similar investment styles. Furthermore, investing in an index fund gives the investor diversification and a predictable management style.
Please note that diversification does not guarantee a profit or protect against loss.
- The stocks in the Fund represent roughly 8.2% of the total market index as measured by the S&P 1500 Composite Index.
- It is made up of medium-sized companies, many of which are leaders in their respective industries.
- The portfolio invests in each major market sector.
- The stocks held by the Fund are different than those included in the S&P 500 and S&P SmallCap Index Funds. Therefore, it represents a diversification opportunity for investors of our other index funds.
Fund information is not intended to represent future portfolio composition. Portfolio holdings are subject to change and should not be considered a recommendation to buy individual securities.
The Fund is primarily invested in the U.S. stock market. During a declining stock market, an investment in this Fund would lose money. The Fund invests in medium sized companies. Mid Cap stocks tend to be more volatile than large-company stocks.
*Morningstar Rating™ for Funds: For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) Morningstar Ratings metrics. Past results are not guarantee of results in future periods.
Morningstar's star rating is a tool that compares a fund's historical returns against that of other funds within a Morningstar Category. Funds receive ratings of 1 star (lowest) and 5 stars (highest). The ratings are determined by a complex calculation that measures a fund's historical results, downside risks and sales charges. Star ratings are not predictive, but only provide a snapshot of how a fund performed in the past. Moreover, a star rating can change at any time due to fluctuations in a fund's performance, changes in the performance of other funds within a Morningstar Category or if a fund moves from one Morningstar Category to another.
This Fact Sheet must be preceded or accompanied by the current prospectus of the Shelton Funds. Investors should consider a fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the fund. To obtain a prospectus, visit www.sheltoncap.com or call (800) 955-9988. A prospectus should be read carefully before investing. Shelton Funds are distributed by RFS Partners, a member of FINRA and affiliate of Shelton Capital Management. (01/2016)
Investments are not FDIC insured or bank guaranteed and may lose value.