Shelton Capital Management Merges Tactical Credit Funds
Combination creates compelling investment solution for financial advisors and clients.
Shelton Capital Management, a multi-strategy asset manager delivering sophisticated investment solutions, announced that the Cedar Ridge Unconstrained Credit Fund (CRUMX, CRUPX) merged into the Shelton Tactical Credit Fund (DEBIX, DEBTX) bringing the total assets of the combined Shelton Tactical Credit Fund to over $100 million.
This reorganization is a natural extension of the acquisition by Shelton Capital Management of Cedar Ridge Partners, LLC earlier this year in January. The combined Tactical Credit Fund is managed by the tactical credit team which managed the Cedar Ridge Unconstrained Credit Fund from its inception six years ago, supported by other Shelton Capital Management investment staff. The investment approach and strategies of the newly combined Fund also are the same the team used to build a superior performance track record for the Cedar Ridge Unconstrained Credit Fund, and that track record survives as the historic performance record of the combined Shelton Tactical Credit Fund.
Dennis Clark, Managing Director at Shelton Capital Management, noted that “We are very pleased to have completed this transaction. The newly combined Fund brings together a continuity of proven portfolio investment expertise and a scale of over $100 million, making the Fund an even more compelling investment solution for financial advisors and their clients seeking sophisticated tactical credit investments.”
About Shelton Capital Management
Shelton Capital Management is a multi-strategy asset manager delivering sophisticated investment solutions and acts as a co-fiduciary on employer-sponsored retirement plans as a 3(38) advisor. 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 $2 billion of assets as of March 17, 2019.
For additional information, please visit https://www.sheltoncap.com or call (800) 955-9988.
Important Information
INVESTMENTS ARE NOT FDIC INSURED OR BANK GUARANTEED AND MAY LOSE VALUE.
It is possible to lose money by investing in a Fund. Past performance does not guarantee future results. Investors should consider a Fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about a Fund. To obtain a prospectus, visit www.sheltoncap.com or call Shelton Capital Management (800) 955-9988. A prospectus should be read carefully before investing.
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