San Francisco, CA (PRWEB) July 12, 2013
The movement for Fossil Free Investing took another step forward today as 350.org, a global leader in the effort to solve the climate crisis, recognized Shelton Capital Management’s Shelton Green Alpha Fund (NEXTX) as truly fossil-free mutual fund. This Fund strives to be a leader in responsible investing and the efforts put forth have led to the Shelton Green Alpha Fund becoming just one of three mutual funds to earn recognition from 350.org.
Shelton Capital Management works with the Fund’s sub-advisor Green Alpha Advisors to engage in fossil-free and sustainable investing. However, as Garvin Jabusch, Chief Investment Officer for Green Alpha Advisors explains, "For us, avoiding fossil fuels was never about divesting. An indefinitely thriving economy by definition precludes the idea of investing in fossil fuels since they clearly cannot be civilization's primary energy source for much longer."
As the next global economy emerges, it is necessary that companies focus on sustainable forms of energy and a fossil free investment strategy. “The return on investment for renewable energy power plants will grow and grow compared to fossil fuels plants, for which price volatile inputs will always be required,” explains Jabusch, “fossil fuels simply do not satisfy any part of our investment model requirements."
The Fund is available without a transaction fee directly through Shelton Capital Management and at most major brokerage firms such as TD Ameritrade, Fidelity and Charles Schwab.
ABOUT SHELTON CAPITAL MANAGEMENT
Shelton Capital Management, founded in 1985, is an industry-leading provider of portfolio management solutions headquartered in San Francisco. As of January 1, 2013, Shelton managed approximately $865 million in client assets.
Investors should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. For a copy of the Fund’s prospectus that contains this and other information about the Fund, visit our website at http://www.sheltoncap.com or call us at 800-955-9988.
Green Alpha’s environmental focus may limit the investment options available to the Fund and may result in lower returns than returns of funds not subject to such investment considerations. Investing in securities of small and medium sized companies, even indirectly, may involve greater volatility than investing in larger and more established companies. There are no assurances that the Fund will achieve its objective and/or strategy.
RFS Partners is the distributor of the Shelton Green Alpha Fund, a member of FINRA and an affiliate of Shelton Capital Management. (7/2013)