Shelton S&P 500 Index Fund earns a High Process Pillar rating. The investment strategy as stated in the fund's prospectus is: The investment seeks to replicate the total return of the U.S. stock ...
While both U.S. and European-domiciled funds fully replicate the index, the Canadian fund invests its assets in its U.S.-listed counterpart Vanguard S&P 500 ETF in place of individual stocks.
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Broad market index funds, such as those tracking the S&P 500, typically have expense ratios of around 0.05%. So for every $100,000 you have invested, the fund company will take out $50 per year to ...