SCM Trust
07/30/2026 | Press release | Distributed by Public on 07/30/2026 14:38
Prospectus by Investment Company (Form 497)
SCM 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
(the "Funds")
Supplement dated July 30, 2026 to the
Statement of Additional Information ("SAI"), dated
May 1, 2026
The fifth paragraph in the "Soft dollar transactions" section of the Funds' SAI is deleted in its entirety and replaced with the following:
"Research and brokerage services provided by brokers through which a Fund effects securities transactions may be used by ICON in servicing its other clients (including the other Funds) and not all of these services may be used by ICON in connection with that Fund. ICON faces conflicts of interest because the statistical information and other research services may benefit certain other clients of ICON more than that Fund and can be used in connection with the management of accounts other than the accounts whose trades generated the commissions."
Please retain this supplement with your SAI
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