S&P 500 Index Fund — new fund registration

CALIFORNIA INVESTMENT TRUST registered 9 new fund series on Form 485APOS, filed 2006-12-29. Featured series: S&P 500 Index Fund.

Registration

Registrant / trust: CALIFORNIA INVESTMENT TRUST
CIK: 0000778206
Form: 485APOS
Filed: 2006-12-29
Accession: 0001144204-06-054892
Reported net assets: $346.2M

Series & classes (21)

Series	Class	Ticker	New
California Tax-Free Income Fund	California Tax-Free Income Fund	CFNTX	—
California Insured Intermediate Fund	California Insured Intermediate Fund	CATFX	—
California Tax-Free Money Market Fund	California Tax-Free Money Market Fund	CAXXX	—
S&P 500 Index Fund	Direct Shares	SPFIX	Yes
S&P 500 Index Fund	K Shares	SPXKX	Yes
S&P MidCap Index Fund	Direct Shares	SPMIX	Yes
S&P MidCap Index Fund	K Shares	MIDKX	Yes
S&P SmallCap Index Fund	Direct Shares	SMCIX	Yes
S&P SmallCap Index Fund	K Shares	SMLKX	Yes
Shelton Core Value Fund	Direct Shares	EQTIX	Yes
Shelton Core Value Fund	K Shares	EQTKX	Yes
Nasdaq-100 Index Fund	K Shares	NDXKX	Yes
Nasdaq-100 Index Fund	Direct Shares	NASDX	Yes
European Growth & Income Fund	Direct Shares	—	Yes
European Growth & Income Fund	K Shares	—	Yes
U.S. Government Securities Fund	Direct Shares	CAUSX	Yes
U.S. Government Securities Fund	K Shares	CAUKX	Yes
Short-Term U.S Government Bond Fund	Direct Shares	—	Yes
Short-Term U.S Government Bond Fund	K Shares	—	Yes
The United States Treasury Trust	Direct Shares	UTSXX	Yes
The United States Treasury Trust	K Shares	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 0.43%
Management fee: 0.25%
Net expense ratio: 0.36%
Other expenses: 0.18%

Investment objective

The Funds investment objective is to attempt to replicate the total return of the U.S. stock market as measured by the S&P 500 Composite Stock Price Index.

Advisers

CCM Partners, LP. dba Shelton Capital Management (Advisor)