SPFIX – Shelton S&P 500 Index Investor Investment Strategy | Morningstar

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Strategy

The investment seeks to replicate the total return of the U.S. stock market as measured by the S&P 500 Composite Stock Price Index. The S&P 500 Index includes the common stocks of 500 leading U.S. companies from a broad range of industries. The fund is passively managed. It invests primarily in the stocks that make up the index so that the weighting of each stock in the portfolio approximates the index. The fund's policy to invest at least 80% of its total assets (which includes the amount of any borrowings for investment purposes) in the underlying stocks of the index.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SPFIX	Shelton Capital Management S&P 500 Index Fund Investor Shares	No Load	Open			Apr 20, 1992	$344.65M	0.420%	Below Average	$1,000	−$11.49M
SPXKX	Shelton Capital Management S&P 500 Index Fund Class K	Retirement, Medium	Open			Oct 16, 2003	$1.98M	0.920%	Low	$1,000	−$801,999.98

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