Fund Evaluator:
Shelton International Select Eq Inv (SISLX)
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Best Performing in Foreign Large Blend Over the Last Year
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Fund Details
Shelton International Select Eq Inv Overview
Shelton International Select Eq Inv (SISLX) is an actively managed International Equity Foreign Large Blend fund. Shelton Capital Management launched the fund in 2009.
The investment seeks to achieve long-term capital appreciation. The fund primarily invests at least 80% of its net assets (plus borrowings for investment purposes) in a combination of equity securities of foreign companies with a suitable potential for earnings growth. It invests its assets in equity securities of non-U.S. companies located in countries with developed markets but may also invest in companies domiciled in emerging markets. The fund will invest at least 30% of its net assets, plus any borrowings for investment purposes, in securities of non-U.S. companies. It will normally invest in the securities of approximately 30 to 50 issuers.
About Shelton International Select Eq Inv (SISLX)
There are 1 members of the management team with an average tenure of 4.50 years: Derek Izuel (2022). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: MSCI ACWI Ex USA NR USD index with a weighting of 100% and MSCI ACWI Ex USA Small NR USD index with a weighting of 100%. Shelton International Select Eq Inv has 100 securities in its portfolio. The top 10 holdings constitute 20.5% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Shelton International Select Eq Inv is part of the Equity global asset class and is within the International Equity fund group. Shelton International Select Eq Inv has 97.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.7%. There is 97.9% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Shelton International Select Eq Inv has 1.4% of the portfolio in cash.
Assets Under Management
The fund has $4 million in total assets, which is below the $2 billion average for the Foreign Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
SISLX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Shelton International Select Eq Inv expense ratio is high compared to funds in the Foreign Large Blend category. Shelton International Select Eq Inv has an expense ratio of 1.24%, which is 32% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Shelton International Select Eq Inv has a portfolio turnover rate of 186%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 61% for the Foreign Large Blend category.
Recently, in the month of June 2026, Shelton International Select Eq Inv returned -2.3%, which earned it a grade of F, as the Foreign Large Blend category had an average return of 0.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Shelton International Select Eq Inv has a trailing yield of 0.96%, which is below the 2.19% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Shelton International Select Eq Inv Grades
Year to date, the fund has returned 12.3%, 1.4 percentage points better than the category, which translates into a grade of B. The fund has returned 22.1% over the past year (grade of C), 15.8% over the past three years (grade of D) and 6.8% per year over the past five years (grade of D).
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SISLX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| SISLX Return (NAV) | -2.3% | 10.9% | 22.1% | 15.8% | 6.8% | na |
| SISLX Grade | F | C | C | D | D | na |
| +/- Category | -2.8% | 0.2% | 0.8% | -0.9% | -1.5% | na |
| Foreign Large Blend Avg | 0.5% | 10.6% | 21.3% | 16.7% | 8.2% | 9.5% |
| SISLX Tax Cost Ratio | na | na | 0.4% | 0.8% | 1.1% | na |
SISLX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SISLX Return (NAV) | 12.3% | 30.3% | 3.5% | 13.6% | -19.5% | 6.0% | 17.6% | 22.3% | -13.4% | 34.9% | na |
| SISLX Grade | B | C | D | F | F | F | A | C | B | A | na |
| +/- Category | 1.4% | -0.2% | -1.4% | -2.6% | -3.1% | -4.2% | 5.9% | -0.7% | 1.8% | 8.5% | na |
| Foreign Large Blend Avg | 10.9% | 30.5% | 4.9% | 16.2% | -16.4% | 10.2% | 11.8% | 22.9% | -15.2% | 26.4% | 1.0% |
| Risk Measures | |
| Standard Deviation: | 13.9% |
| Total Risk Index: | 1.14 - Above Average |
| Category Risk Index: | 1.07 - High |
| Category Risk Grade: | F (89% Rank) |
| Beta: | 0.95 |
| R-Squared: | 91% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 1.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $45 Mil |
| Fund Total Assets: | $ 5 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 186% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 4.5 years | |||
| Average Tenure: 4.5 years | |||
| Managers (Year): Izuel Derek (2022) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 100 |
| % in Top 10 Holdings: | 20.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 97.9% |
Portfolio Allocation |
|
| Domestic Stock: | 0.7% |
| Foreign Stock: | 97.9% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.4% |
Purchase Information
| Fund Family: | Shelton Capital Management |
| Phone Number: | 800-955-9988 |
| Website: | WWW.SHELTONCAP.COM |
| Status: | Open |
| Inception Date: | July 31, 2009 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.24% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.94% |
| Share Class: | Shelton International Select Eq Inst |
| Min. Subsequent Purchase: | $1,000 |
| Min. Subsequent IRA Purchase: | $ 0 |
