S&P SmallCap Index Fund (SMCIX)

Fund Objective

The Fund’s investment objective is to attempt to replicate the performance of small-sized U.S. companies as measured by the S&P SmallCap 600 Stock Index.

Strategy Highlights

  • Invests in relatively smaller companies from many sectors, so not as sensitive to movements of a single stock or sector
  • Seeks high correlation to the Benchmark

Overall Morningstar RatingTM

morning star rating 4 SMCIX

SPFIX received an Overall Morningstar Rating of 4 stars among 569 Small Blend funds, based on risk-adjusted returns, as of 9/30/2024.* Important Information for Morningstar® Rating

Literature and Fund Information

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Fund Information

Shelton SP SmallCap Index Fund Fact Sheet 1Q2020

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Fund Management

2 Steve Rogers
CEO

Steve Rogers
2 Tony Jacoby
Portfolio Manager

Tony Jacoby, CFA
2 Steve Rogers

CEO

Steve Rogers

Steve Rogers is the Chief Executive Officer and Portfolio Manager at Shelton Capital Management. Steve has over 30 years of experience and joined Shelton Capital in 1993. He earned an MBA from the University of California, Berkeley and a B.A. from the University of Iowa.

 

2 Tony Jacoby

Portfolio Manager

Tony Jacoby, CFA

Tony Jacoby, CFA, joined Shelton Capital Management in November 2017. He earned a B.A. in Economics and a M.S. in Applied Mathematics with an Option in Applied Probability and Uncertainty Quantification from the University of Colorado.

Fund at a Glance

Index investing has become one of the most popular investment styles in the United States. We feel that in efficient markets, the lower relative fees give our index funds a distinct advantage over actively managed funds with similar investment styles. Furthermore, investing in an index fund gives the investor diversification and a predictable management style.

Please note that diversification does not guarantee a profit or protect against loss.

  • The stocks in the Fund represent roughly 3.4% of the total market index as measured by the S&P 1500 Composite Index.
  • It is made up of small-sized companies, which many investors believe to have superior growth potential.
  • The portfolio invests in each major market sector.
  • The stocks held by the Fund are different than those included in the S&P 500 and S&P MidCap Funds. Therefore, it represents a diversification opportunity for investors of our other index funds.

Important Information

An investment in the Fund involves risk, including possible loss of principal. Fund information is not intended to represent future portfolio composition. 

*The fund’s Morningstar three-, five-, ten-year ratings respectively, 3 stars, 3 stars, 4 stars among 569, 547, 387 funds.

Portfolio holdings are subject to change and should not be considered a recommendation to buy individual securities. 

The Fund is primarily invested in the U.S. stock market. During a declining stock market, an investment in this Fund would lose money. Investing in stocks of small-sized companies involves additional risks, such as liquidity and increased share price volatility.