Company Press Release

Shelton Greater China Fund Begins Trading as Open-End Vehicle

SAN FRANCISCO, Oct. 10, 2011 -- Shelton Capital Management ("Shelton"), an institutional investment management firm based in San Francisco, announced today that the Shelton Greater China Fund (the "Fund") has completed the conversion to an open-end mutual fund. The Fund is now available on most major mutual fund platforms.

By focusing on Greater China, the Fund (SGCFX) gives U.S. investors access to some of the fastest growing economies in the world. Shelton, which has a strong record as a mutual fund manager, selected Nikko Asset Management, one of the largest Asian-based asset management firms with more than 80 percent of its investment professionals deployed on the ground in Asia, as the Fund's sub-advisor.

"China is a unique market and culture. It is absolutely clear to me that having an Asia-based portfolio management group is a better model for the Greater China region," said Stephen Rogers, CEO of Shelton. "We've all been visitors to a new city. Consider how difficult it is to find a favorite restaurant and compound that complexity for finding a quality investment in a foreign land. By bringing in Nikko Asset Management as a sub-advisor, I believe we have a compelling fund for US investors."

The Fund seeks long-term capital appreciation and invests its assets in equity securities of companies located in Taiwan, Hong Kong, China and Singapore. These companies derive at least 50 percent of their assets and revenues from Greater China and have securities primarily traded on stock exchanges in Greater China nations.

About Nikko Asset Management Nikko Asset Management (Nikko AM) is the largest regional asset management company headquartered in Asia. Nikko AM's total assets are over US$162 billion under advice and management as of June 30, 2011. Nikko AM also has a 40% stake in Rongtong Fund Management, one of the largest Sino-foreign joint venture investment management companies in China. The firm was the first asset management company granted QFII1 status, and the first to offer a China A-share fund outside China.

About Shelton Capital Management Shelton Capital Management has served as an investment advisor to the California Investment Trust since 1985 under the name CCM Partners. Investing outside the United States involves additional risks, such as currency fluctuations, periods of illiquidity and price volatility, as more fully described in the prospectus. These risks may be heightened in connection with investments in the countries of the Greater China region which are considered to be emerging market countries. Investors should carefully consider the Fund's investment objectives, risks, charges, and expenses before investing. For a copy of the Fund's prospectus and, if available, a summary prospectus, that contains this and other information about the Fund, ask your investment advisor, visit our website at www.sheltoncap.com or call us at 800-955-9988. RFS Partners is the distributor of the Shelton Greater China Fund. 10/2011


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