Shelton Capital Management, an investment management company, released its “Shelton Sustainable Equity Fund” second quarter 2024 investor letter. In the second quarter, the portfolio returned -3.22% compared to the MSCI ACWI’s 2.44% return. Overall, the distribution across sectors considerably impacted growth in the information technology and utilities sectors. In contrast, the industrials, materials, and consumer staples sectors showed the worst declines in return. In addition, please check the fund’s top five holdings to know its best picks in 2024.
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