497 1 scmicon-497_082025.htm DEFINITIVE MATERIALS

 

SCM TRUST

(the “Trust”)

 

ICON Equity Income Fund

ICON Flexible Bond Fund

ICON Equity Fund

ICON Consumer Select Fund

ICON Natural Resources and Infrastructure Fund

ICON Health and Information Technology Fund

ICON Utilities and Income Fund

 

Supplement dated August 20, 2025 to the

Statement of Additional Information (“SAI”), dated

May 1, 2025

 

Effective August 14, 2025, William Mock no longer serves as Treasurer of the Trust. Accordingly, all references to Mr. Mock in the SAI are hereby deleted in their entirety.

 

The Board of Trustees of the Trust appointed Trevor Shippee to serve as Treasurer of the Trust effective August 14, 2025. Accordingly, following information is added to the “Officers” table in the SAI:

 

OFFICERS

 

Name, Address* and Year of Birth Position(s) Held with Trust Term of Office** and Length of Time Served Principal Occupation During Past 5 Years

Trevor Shippee*

1991

Treasurer Since 2025 Director, Investment Operations, Shelton Capital Management 2021 to present; Associate of Business Development, Pacific Current Group, 2018-2021

 

 

 

Please retain this supplement with your Prospectus and SAI