Shelton S&P Smallcap Index Investor (SMCIX)
Shelton S&P Smallcap Index Investor operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $25.77, up 0.23% on the session, giving a market capitalisation of $50.0M. Its beta of 1.07 implies it has historically moved more than the broad market.
This passively managed fund aims to mirror the performance of the S&P SmallCap 600 Index. This index comprises the equity securities of 600 smaller American corporations from a diverse range of sectors. The fund's core investment approach is to acquire the stocks that constitute this index, ensuring its portfolio's weighting closely corresponds to that of the index. A key mandate is to allocate a minimum of 80% of its total assets, encompassing any borrowed capital used for investment, to these underlying index components.
Shelton S&P Smallcap Index Investor is most often compared with the following Financial Services names: