Shelton Sustainable Equity Fund Commentary Q1

During the first quarter of 2023, the Shelton Sustainable Equity Fund underperformed the MSCI ACWI IMI index by -0.07%, delivering a return of 6.41%. The Fund outperformed the S&P 400 Mid Cap index by 2.74% and the Russell 2000 index by 4.07%. The Fund’s greatest contributors to return were Tesla Inc, First Solar Inc, Brookfield Renewable Corp, Ag Growth International Inc, and Timken Co.