Shelton NASDAQ-100 Index® Fund (NASDX, NQQQX)
Morningstar Rating TM
NASDX
Received an Overall Morningstar Rating TM of 5 stars among 1,118 Large Growth funds, based on the risk-adjusted returns, as of 12/31/2023.* Important Information for Morningstar® Rating
Fund 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.
Strategy Highlights
- The portfolio is built from approximately 100 equities that are included in the Nasdaq-100 Index and seeks to replicate the index’s performance
- To bolster the Fund’s efforts in replicating performance, the portfolio maintains similar sector weightings to the index
Why Invest in the Shelton Nasdaq-100 Index Fund?
- Broad sector exposure
- Invests in the largest nonfinancial companies on the Nasdaq exchange
- Access to a well-performing index with a low expense ratio
- Investment in companies that are at the forefront of innovation and companies that are mainstays in the US economy
- Nasdaq-100 has outperformed the S&P 500 over the past 10 years
Total Cumulative Return (%) (12/31/2013-12/31/2023)
Source: Bloomberg L.P. as of 12/31/23. The above chart is presented for the purpose of illustrating the long-term performance of large-cap growth markets versus the broader market over time. Index performance is not indicative of fund performance nor is it an indication of how a fund could or will perform. The S&P 500® Index is a market-capitalization-weighted index that measures the performance of the common stocks of 500 leading U.S. companies. Past performance does not guarantee future results. It is not possible for individuals to invest directly in an index. Performance figures for an index to not reflect deductions for sales charges, commissions, expenses or taxes.
NQQQX Net Expense Ratio vs. Peer Average (%)
Source: Morningstar Direct as of 12/31/2023. Inception date of 03/07/2022. NQQQX has a total expense ratio of 0.26%. 0.68% is the average Morningstar Large-Cap, Institutional net expense ratio. Net expense ratio = total annual operating expenses less any contractual management fee waivers. NQQQX is primarily intended for retirement plans and shareholders of omnibus intermediaries that meet certain standards and for institutional investors. See the prospectus for more information.
In The News
Press Release: New Nasdaq-100 Index Fund Institutional Share Class Launches
Video: CEO Steve Rogers Joins Nasdaq Trade Talks
Fund Information
 |
|---|
| Download Fact Sheet: Shelton NASDAQ-100 Index Fund Tickers: NASDX, NQQQX Benchmark: Nasdaq-100 Index |
Portfolio Management Team
Steve Rogers
Tony Jacoby, CFA
Contact Us For More Information
We have a team of professionals dedicated to supporting our clients’ needs. Request a consultation to learn more.
Resources
| Documents | |
|---|---|
| Prospectus |  |
| Annual Report | |
| Statement of Additional Information | |
| Semi-Annual Report | |
IMPORTANT INFORMATION
*The fund’s Morningstar three-, five-, ten-year ratings respectively, 4 stars, 5 stars, 5 stars among 1,118, 1,031, 810 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 invests in the largest non-financial companies that are traded on the Nasdaq Stock Market. They are currently concentrated in the technology sector which has been among the most volatile sectors of the U.S. stock market. During a declining stock market, this Fund will lose money. It would potentially lose more money than other large cap stocks.
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.
Nasdaq®, Nasdaq-100® and Nasdaq-100 Index® are trade or service marks of The Nasdaq Stock Market, Inc. (which with its affiliates are the “Corporations”) and are licensed for use by the Fund. The Fund has not been passed on by the Corporations as to their legality or suitability. The Fund is not issued, endorsed, sold, or promoted by the Corporations. The Corporations make no warranties and bear no liability with respect to the Fund. INVESTMENTS ARE NOT FDIC INSURED OR BANK GUARANTEED AND MAY LOSE VALUE.
