Shelton S&P SmallCap Index K Fund (SMLKX)

Overview

The S&P SmallCap 600 Index Fund is a passive investment fund that aims to replicate the performance of the S&P SmallCap 600 Index, which comprises 600 small U.S. companies spanning a diverse range of industries. By investing primarily in the stocks listed on the S&P SmallCap 600 Index, the fund maintains a portfolio where the weighting of each stock closely aligns with its representation in the index. A key investment strategy of the fund is to allocate at least 80% of its total assets (including any borrowings for investment purposes) directly into the stocks that constitute the S&P SmallCap 600 Index. This approach ensures that the fund’s performance closely mirrors that of the index it tracks, offering investors exposure to the small-cap segment of the U.S. equity market.

Products and Services

• S&P SmallCap 600 Index Tracking

This product targets investors seeking exposure to the small-cap sector of the U.S. equity market. It offers a passive investment strategy by closely mirroring the composition and performance of the S&P SmallCap 600 Index. This is achieved through a disciplined investment approach that allocates at least 80% of the fund's total assets to stocks within the index, ensuring that each stock's weighting in the fund's portfolio approximates its representation in the index. The goal is to provide investment returns that correspond to the performance of the S&P SmallCap 600 Index, minus fees and expenses.