Monday 17 February 2020

They've joined forces!

Well, that's all right. I suppose. 'What's this, boss?' PR email. 'Yeah, I know, I know. But who has joined forces?' Two firms in Denver. 'Great!' Oh. Why is it great then, Voice? 'Pardon?' Why is it great? 'Well, uh ... it's what we say in situations like this.' But you don't even know what firms we're talking about yet. 'Because you haven't told us.' Told who?! 'Me! The readers! Come on, boss! Stop messing around.' Yeah, yeah. Okay. Okay.

Denver mutual fund investment firms join forces.

So, uh ... 'Is that it?!' Ha!

Denver, CO, February 12, 2020 - Shelton Capital Management and ICON Advisers, Inc. today announced a planned restructuring of the ICON Funds into a Shelton Capital mutual fund trust. Under the proposed transaction, Shelton Capital Management will serve as the investment advisor to the ICON Funds and ICON Advisers will continue to handle daily investment management as a Sub-Adviser to a streamlined ICON domestic fund lineup. In addition, Shelton Capital Management's international portfolio management team will take over the daily responsibilities for the ICON Emerging Markets Fund and the ICON International Equity Fund will be merged into Shelton's International Select Equity Fund, which Morningstar currently ranks as a Five-star fund.

Oh, it's not today, reader(s). No. Uh. Last week. 'Is this the email that Mo sent you?' Yes. 'I like Mo.' You don't even know him. Christ. 'Do you know him?' Who? 'Mo.' He's a PR guy. I just ... never mind.

Let's hear from Steve Rogers ...

"ICON Advisers is an industry innovator with an outstanding lineup of investment offerings," says Shelton Capital Management CEO Steve Rogers. "Dr. Craig Callahan founded ICON in 1986, and his research has led to product innovation for model portfolios used by wealth managers throughout the country. These innovative products are highly rated, have long track records and continue to be ranked among the best products available to wealth managers who utilize these effective tools for their clients."

Thanks, Steve! 'Do you know Steve?' Jesus H. - !!! What is your obsession with my knowing people? I don't know anyone, Voice. Not one person in the whole world. Only you. 'And I'm just a voice.' Exactly! That's my life.

What a life!

With this innovative transaction, Dr. Callahan and Mr. Rogers expect to reduce fund operating expenses by an estimated $1,800,000 per year for fund shareholders and streamline operations, allowing ICON to focus on providing the investment research it's best known for. "Our investment research is time tested and well known in the industry for adding value. This transaction enables us to focus on what we do best," says Dr. Callahan.

Thanks, Craig! I wish you - 'Oh, I just hope he continues to focus on what he does best.' He just said that he will, Voice. They're all going to focus. 'What, everyone?!' Yes! Christ.

ENDS

...

Anything else? Well, I'm just wondering if I should continue to write about personal stuff, music, etc. I mean ... 'If you don't, you'll run out of things to say, boss.' Not necessarily. I mean ... 'You're not going to do all the mystical writing again, are you? Blood and fire and shit. You've done it all.' I've got the T-shirt, Voice. 'Of course you have!' Yeah.

Motivation? Okay, okay, thought of the day, for the day, whatever, dear reader(s). Are you ready? Right ... Dan Pena is brilliant because he tries to shock people out of their default settings.

Now, Dan may appear to be an "awful" person, but imagine competing against him. How would you win? You wouldn't. Well, not with your default setting, anyway.

Also, he says himself that the real big guys like the late Steve Jobs or Elon Musk would consider him a weak person. So, really, he just reveals the reality of such people. I mean, our Elon on Twitter is not the same Elon who headbutts cars on the Tesla production line and sacks people on the spot. Do you know what I mean?

It's a terrible world we're living in, son/daughter. And we're stuck in it. I'm sure the afterlife will be lovely though.

Laters!