Mutual Funds
CA Insured Intermediate Fund
Fund Objective
The Fund’s investment objective is to seek high current tax-free income for California residents.
A hypothetical investment of $10,000 on 10/20/92, the inception date of the CATFX Fund, would have grown to $22,774 (including reinvested dividends) as of 12/31/11.
as of 12/31/11
a 10/20/92
Total returns include changes in share price and the reinvestment of income dividends and all capital gains distributions. All performance figures reflect an expense reimbursement, where applicable. Without the expense reimbursement, the performance figures would be lower.
The performance data quoted represents past performance. Performance figures represent past performance and are not a guarantee of future results. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost; current performance may be lower or higher than the performance data quoted. For more current month-end Fund performance information, please call our office at (800) 955-9988 or visit us on the web at www.sheltoncap.com
Fund at a Glance
This Fund seeks as high a level of income exempt from regular federal and State of California personal income taxes as is consistent with prudent investment management and safety of capital. The Fund invests in municipal bonds that are covered by insurance guaranteeing the timely payment of principal and interest.
- It is made up of Municipal bonds issued by the State of California and various municipalities located within the state.
- Generally, the bonds held by the Fund are rated in the highest ratings category (AAA) by an independent rating organization such as Standard & Poor’s, Moody’s or Fitch.
- Generally the interest on the municipal bonds in the Fund is not subject to federal and State of California personal income taxes.
This Fund is intended primarily for residents of California. If you are looking for tax-free income and are comfortable with the moderate volatility of an intermediate-term bond fund, this may be the right investment for you. Generally, this fund will fluctuate less than our long-term tax-free bond fund.
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.
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. (1/2012)
Investments are not FDIC insured or bank guaranteed and may lose value.
Semi-Annual Report 
Download all CA Insured Intermediate Fund Files