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Thought Leadership

Important News for the Shelton Tactical Credit Fund

March 20, 2017

We are excited to share with you that as-of close of business March 17th, 2017, Shelton Capital Management announced the Shelton Tactical Credit Fund (the “Previous Fund”), a series of FundVantage Trust, will be reorganized into a newly created series of SCM Trust, also called the Shelton Tactical Credit Fund (the “New Fund”). The Tickers, Cusips, and NSCC Numbers will change.

“I believe the reorganization is a terrific outcome for the current and future shareholders,” said Steve Rogers, CEO of Shelton Capital Management. “This was recommended by both fund boards and over 95% of the shareholder votes cast were in favor of the actions that will be completed today. I understand that the Advisors who were watching this closely on behalf of their clients are very pleased with the final resolution.”

The previous Shelton Tactical Credit Fund Classes A and C will merge and become the Investor Class, and the current I class will become an Institutional Class. All instances where the name is listed should be changed to the fund name, Shelton Tactical Credit Fund Investor Class or Shelton Tactical Credit Fund INST CL, as indicated below. The investment objective of the New Fund is identical to the investment objective of the Old Fund. The principal investment strategies of the Funds are materially the same.

If you have any questions or would like more information, please contact your representative or visit www.sheltoncap.com.

  Fund Name Fund Cusip  Ticker Symbol  NSCC Number 
Existing Shelton Tactical Credit Fund Cl A  360875629  WHAAX  5611
New Shelton Tactical Credit Fund Investor Class  78410K808  DEBTX   4989
Exisiting Shelton Tactical Credit Fund Cl C  360875595  WHACX  5611
New Shelton Tactical Credit Fund Investor Class  78410K808  DEBTX  4989
Existing Shelton Tactical Credit Fund Class I  360875611  WHAIX  5611
New Shelton Tactical Credit Fund INST CL  78410K881  DEBIX  4989

 

About Shelton Capital Management

Shelton Capital Management is a multi-strategy asset manager offering investment solutions, including mutual funds and separate accounts, to the clients of wealth managers, the retirement plan market, and to individual investors. Founded in 1985, Shelton Capital Management has maintained consistent investment principles and a steadfast focus on authentic customer service. With offices in San Francisco, Denver and Greenwich, CT, Shelton Capital Management manages over $1.79 billion in client assets as of 1/31/2017. For additional information, please visit at http://sheltoncap.com or call (800) 955-9938.

Disclosures

Investors should carefully consider a fund’s investment objectives, risks, charges and expenses before investing. The prospectus contains this and other information about a fund. To obtain a prospectus, visit www.sheltoncap.com or call (800) 955-9988. A prospectus should be read carefully before investing. There are no assurances that a fund will achieve its objective and /or strategy.

Investments are not FDIC insured or bank guaranteed and may lose value.

 

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