Denver, March 28, 2016 – Shelton Capital Management, a mutual fund company founded in 1985, today announced that Morningstar® has awarded an Overall Sustainability RatingTM of Five Globes to its Shelton Green Alpha Fund (NEXTX). The Fund is ranked in the top 1 percent among 646 Mid-Cap Growth funds, based on the Morningstar Sustainability Score.
The Fund, sub-advised by Green Alpha Advisors of Boulder, Colorado, 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.
“Since its inception, the Shelton Green Alpha Fund has consistently balanced its solutions-based investing with an emphasis on seeking long-term capital appreciation,” said Shelton Capital Management CEO Steve Rogers. “We are thrilled to be recognized for our rigorous commitment to sustainable and impact investing.”
The new 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.
In addition to the Morningstar Sustainability Rating, the Shelton Green Alpha Fund has also earned the maximum of Five Badges, indicating the fund is “clean” in each of their five distinct fossil fuels categories, from FossilFreeFunds.org, a free-to-the-public web tool provided by shareholder advocacy nonprofit As You Sow that screens for fossil fuel holdings in mutual funds. The Green Alpha Fund has been fossil free since its launch on March 12, 2013.
“NEXTX meets all five of our criteria for being fossil fuel free – from excluding fossil fuel reserves, not investing in our Filthy 15, or owning coal, oil/gas or fossil-fired utilities,” said Andrew Behar, CEO of As You Sow. “We are happy to see that Green Alpha is among the leaders in providing quality access to investments that are free of the financial and environmental risks associated with fossil fuels.”
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.
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Disclosures:
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.
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 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. (3/2016)
Investments are not FDIC insured or bank guaranteed and may lose value.
