Younger investors are investing in greater numbers and aligning their investments with their values.
As the Millennial generation turns 40, there are encouraging signs that many of this generation’s 72 million members are embracing long-term investing with a sharp eye toward retirement, according to Shelton Retirement Plan Services.
Despite encountering two disruptive economic crises—the 2008 Great Recession and the COVID-19 pandemic—early in their careers, nearly half of millennials have a retirement savings account, such as a 401(k) or IRA and over 30% are actively contributing to it.
“Millennials are leaning into retirement savings,” said Ann Margaret Williams, Director of Retirement Plan Services. “We’ve observed that they really want to invest in companies that they know. And many are also investing with an eye toward corporate social responsibility and sustainable and impact investing.”
Shelton Retirement Plan Services, which takes fiduciary responsibility for investment decisions and provides abundant investment options for company 401(k) retirement plans, is a part of Shelton Capital Management and leverages the firm’s experience, sophistication, and a range of investment solutions to provide small business clients with the client-centric focus of an independent investment boutique.
Shelton Retirement Plan Services offers several unique funds from the Shelton Capital line-up that may particularly interest millennials, including:
- The Nasdaq-100 Index Fund (Ticker: NASDX): The Fund, which received the 2021 Refinitiv Lipper Fund Award for Best Fund over ten years in the Large Cap Growth Fund category, as well as other industry recognition, seeks to replicate the performance of the largest non-financial companies as measured by the Nasdaq-100 Index®. It is likely appealing to Millennial investors because the index includes category-defining companies on the forefront of innovation—from Apple, Microsoft and Alphabet, to Amgen, Starbucks and Tesla.
- The Shelton Green Alpha Fund (Ticker: NEXTX): topped the list of U.S. equity ESG funds from 2020 according to Morningstar. The Fund invests primarily in common stocks of companies that Green Alpha Advisors (the “Sub-Advisor”) believes are leaders in managing environmental risks and opportunities, have above-average growth potential and are reasonably valued.
With deep financial industry expertise, Shelton Retirement Plan Services provides sophisticated 3(38) investment fiduciary services for our clients. Shelton Retirement Plan Services works with plan sponsors and small business owners to get the most out of their company 401(k) retirement plans.
About Shelton Capital Management
Shelton Capital Management is a multi-strategy asset manager delivering sophisticated investment solutions and acts as a co-fiduciary on employer-sponsored retirement plans as a 3(38) advisor. Founded in 1985, Shelton Capital Management has maintained consistent investment principles and a steadfast focus on authentic customer service. Shelton Capital Management manages over $3.6 billion of assets as of March 31, 2021. For additional information, please call (800) 955-9988.
About the Refinitiv Lipper Fund Awards
For more than three decades and in over 20 countries worldwide, the Lipper Fund Awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers. Renowned fund data and proprietary methodology is the foundation of the Award qualification. Individual classifications of three-, five-, and ten-year periods, as well as fund families with high average scores for the three-year period are recognized.
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.
Individual classifications of three-, five-, and ten-year periods, as well as fund families with high average scores for the three-year period are also recognized.
© 2021 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Important Information for Morningstar Rating. The Shelton Green Alpha Fund (NEXTX) was featured in the Best Performing ESG Stock Funds in 2020 Report by Morningstar on 1/22/2021 and the data was sourced from Morningstar Direct.
It is possible to lose money by investing in a fund. Past performance does not guarantee future results. Any projections or other forward-looking statements regarding future events or performance of markets, companies, or otherwise are not necessarily indicative or differ from actual events or results.
Shelton Green Alpha Fund (NEXTX) is not intended to represent future portfolio composition. Portfolio holdings are subject to change and should not be considered a recommendation to buy individual securities. Shelton Green Alpha Fund’s environmental focus may limit investment options available to the Fund and may result in lower returns than returns of funds not subject to such investment considerations. There are no assurances that the Fund will achieve its objective and or strategy. Investing in securities of small and medium-sized companies, even indirectly, may involve greater volatility than an investment in larger and more established companies. The NASDAQ 100 Index Fund (NASDX) invests in the largest non-financial companies that are traded on the Nasdaq Stock Market. They are currently concentrated in the technology sector which has been among the most volatile sectors of the U.S. stock market. During a declining stock market, this fund would lose money. It would potentially lose more money than other large cap funds. Nasdaq®, Nasdaq-100® and Nasdaq-100 Index® are trade or service marks of The Nasdaq Stock Market, Inc. (which with its affiliates are the “Corporations”) and are licensed for use by the Fund. The Fund has not been passed on by the Corporations as to their legality or suitability. The Fund is not issued, endorsed, sold, or promoted by the Corporations. The Corporations make no warranties and bear no liability with respect to the Fund.
Short-term performance may reflect conditions that are unsustainable and thus may not be repeated in the future.
Investors should consider a fund’s investment objectives, risks, charges, and expenses carefully before investing. The prospectus contains this and other information about the fund. To obtain a prospectus, visit www.sheltoncap.com or call (800) 955-9988. A prospectus should be read carefully before investing. Shelton Funds are distributed by RFS Partners, a member of FINRA and affiliate of Shelton Capital Management. The Shelton Green Alpha Fund is distributed by RFS Partners, a member of FINRA and affiliate of Shelton Capital Management. Green Alpha Advisors is not affiliated with either RFS Partners or Shelton Capital Management.
INVESTMENTS ARE NOT FDIC INSURED OR BANK GUARANTEED AND MAY LOSE VALUE.