<SEC-DOCUMENT>0001398344-20-012912-index.html : 20200626
<SEC-HEADER>0001398344-20-012912.hdr.sgml : 20200626
<ACCEPTANCE-DATETIME>20200626171938
ACCESSION NUMBER:		0001398344-20-012912
CONFORMED SUBMISSION TYPE:	485BPOS
PUBLIC DOCUMENT COUNT:		10
FILED AS OF DATE:		20200626
DATE AS OF CHANGE:		20200626
EFFECTIVENESS DATE:		20200626

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SCM Trust
		CENTRAL INDEX KEY:			0000836267
		IRS NUMBER:				526400931
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		485BPOS
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-176060
		FILM NUMBER:		20995145

	BUSINESS ADDRESS:	
		STREET 1:		1875 LAWRENCE STREET
		STREET 2:		SUITE 300
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202-1805
		BUSINESS PHONE:		800-955-9988

	MAIL ADDRESS:	
		STREET 1:		1875 LAWRENCE STREET
		STREET 2:		SUITE 300
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202-1805

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHELTON GREATER CHINA FUND
		DATE OF NAME CHANGE:	20110614

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TAIWAN GREATER CHINA FUND
		DATE OF NAME CHANGE:	20040105

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	R O C TAIWAN FUND
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SCM Trust
		CENTRAL INDEX KEY:			0000836267
		IRS NUMBER:				526400931
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		485BPOS
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05617
		FILM NUMBER:		20995144

	BUSINESS ADDRESS:	
		STREET 1:		1875 LAWRENCE STREET
		STREET 2:		SUITE 300
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202-1805
		BUSINESS PHONE:		800-955-9988

	MAIL ADDRESS:	
		STREET 1:		1875 LAWRENCE STREET
		STREET 2:		SUITE 300
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202-1805

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHELTON GREATER CHINA FUND
		DATE OF NAME CHANGE:	20110614

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TAIWAN GREATER CHINA FUND
		DATE OF NAME CHANGE:	20040105

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	R O C TAIWAN FUND
		DATE OF NAME CHANGE:	19920703
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000836267
<SERIES-ID>S000054271
<SERIES-NAME>SHELTON BDC INCOME FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000170433
<CLASS-CONTRACT-NAME>Investor Class
<CLASS-CONTRACT-TICKER-SYMBOL>LOANX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000173819
<CLASS-CONTRACT-NAME>Institutional Class
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000836267
<SERIES-ID>S000054273
<SERIES-NAME>SHELTON REAL ESTATE INCOME FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000170435
<CLASS-CONTRACT-NAME>Investor Class
<CLASS-CONTRACT-TICKER-SYMBOL>RENTX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000173820
<CLASS-CONTRACT-NAME>Institutional Class
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000836267
<SERIES-ID>S000054578
<SERIES-NAME>SHELTON TACTICAL CREDIT FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000171442
<CLASS-CONTRACT-NAME>Investor Class
<CLASS-CONTRACT-TICKER-SYMBOL>DEBTX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000174064
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>DEBIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000836267
<SERIES-ID>S000055315
<SERIES-NAME>Shelton International Select Equity Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000174094
<CLASS-CONTRACT-NAME>Investor Class
<CLASS-CONTRACT-TICKER-SYMBOL>SISLX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000174095
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>SISEX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000836267
<SERIES-ID>S000067906
<SERIES-NAME>Shelton Emerging Markets Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000217721
<CLASS-CONTRACT-NAME>Institutional Shares
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000217722
<CLASS-CONTRACT-NAME>Investor Shares
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>485BPOS
<SEQUENCE>1
<FILENAME>fp0054931_485bpos.htm
<TEXT>
Document 1 - file: fp0054931_485bpos.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.28.J.1
<SEQUENCE>2
<FILENAME>fp0054931_ex9928j1.htm
<TEXT>
Document 2 - file: fp0054931_ex9928j1.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.28.J.2
<SEQUENCE>3
<FILENAME>fp0054931_ex9928j2.htm
<TEXT>
Document 3 - file: fp0054931_ex9928j2.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>fp0054931_01.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 4 - file: fp0054931_01.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>fp0054931_02.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 5 - file: fp0054931_02.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>fp0054931_03.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 6 - file: fp0054931_03.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>fp0054931_04.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 7 - file: fp0054931_04.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>fp0054931_05.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 8 - file: fp0054931_05.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>fp0054931_06.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 9 - file: fp0054931_06.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>fp0054931_07.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 10 - file: fp0054931_07.jpg

</DOCUMENT>
</SEC-DOCUMENT>