Denver, April 18, 2016 – Shelton Capital Management, a mutual fund company founded in 1985, today announced that the Shelton Green Alpha Fund (NEXTX) received a four-star rating from Morningstar for its performance within the Mid-Cap Growth category for the three-year period ended March 31, 2016. The Fund’s three-year performance was in the top 8 percent of the 640 funds in its category.
The Fund, which also recently received a Morningstar® Overall Sustainability Rating™ of Five Globes, was ranked in the top 1 percent of its category (Mid-Cap Growth, 640 funds) as of March 31, 2016 based on its Morningstar Sustainability Score.
Sub-advised by Green Alpha Advisors of Boulder, Colorado, NEXTX seeks to identify and invest in publicly traded companies that are leading the way to the sustainable Next Economy™. The Green Alpha Next Economy investment model focuses on companies that offer innovative sustainability solutions and avoids companies that contribute to resource scarcity and global warming.
“We are very pleased to see the Shelton Green Alpha Fund achieve a four-star rating from Morningstar,” said Dennis Clark, Managing Director at Shelton Capital Management. “As investors look for sustainable and impact investing solutions, our Morningstar rankings are a testament to the quality and dedication of our fund managers, and our commitment to an investment strategy that seeks solutions to climate change and other systemic risks.”
About Shelton Capital Management
Shelton Capital Management, with offices in San Francisco and Denver, has been managing mutual funds since 1985. As of December 31, 2015, the firm manages $1.38 billion in assets. Shelton offers its investment management to individual investors, retirement plans and wealth managers through a series of 12 mutual funds and in Separately Managed Accounts (SMA’s). Please visit www.sheltoncap.com for more information.
About Green Alpha Advisors, LLC
Green Alpha Advisors is an asset management firm, founded in 2007 on the belief that in order to live and thrive on our planet, we must make an inevitable economic and technological transition to sustainability. Our investment strategies address core economic concerns emerging from the risks associated with resource scarcity and the worst effects of climate change – both exacerbated by population growth. We see innovations that simultaneously address these core systemic risks and improve economic productivity as the greatest growth drivers of the 21st century. Green Alpha is proudly a Certified B Corporation.
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.
Green Alpha Advisors environmental focus may limit investment options available to the Fund and may result in lower returns than returns of funds not subject to such investment considerations. There are no assurances that the fund will achieve its objective and or strategy. Investing in securities of small and medium sized companies, even indirectly, may involve greater volatility than investing in larger and more established companies.
Green Alpha Advisors LLC is the sub-advisor to the Shelton Green Alpha Fund. Shelton Funds are distributed by RFS Partners, a member of FINRA and affiliate of Shelton Capital Management. Green Alpha Advisors is not affiliated with either RFS Partners or Shelton Capital Management (4/2016)
Investments are not FDIC insured or bank guaranteed and may lose value.
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 current month-end Fund performance information, please call Shelton Capital Management at 800-955-9988 or visit www.sheltoncap.com and refer to the Monthly Total Return Information under Investor Resources – Forms and Literature.
The Morningstar RatingTM for funds, commonly called the star rating, is a measure of a fund’s risk-adjusted return, relative to similar funds. Risk-adjusted return is calculated by subtracting a risk penalty from each fund total return, after accounting for all loads, sales charges, and redemption fees. The risk penalty is determined by the amount of variation in the fund’s monthly return, with emphasis on downward variation. The greater the variation, the larger the penalty. Funds are ranked within their categories and stars are assigned as follows: Top 10%: 5 stars, Next 22.5%: 4 stars, Middle 35%: 3 stars, Next 22.5%: 2 stars, Bottom 10%: 1 star.
The Morningstar Sustainability Rating helps investors evaluate funds based on environmental, social, and governance (ESG) factors and provides Sustainability Ratings for approximately 21,000 mutual funds and exchange-traded funds. Using data from Sustainalytics, a leading independent provider of ESG and corporate governance ratings and research, Morningstar calculates the rating based on the underlying fund holdings. The sustainability rating ranks funds relative to their Morningstar Category by assigning a scale of 1 to 5 globes.