SCM Trust
08/03/2026 | Press release | Distributed by Public on 08/03/2026 14:46
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 August 3, 2026 to the
Statement of Additional Information ("SAI"), dated
May 1, 2026
This Supplement supersedes the information contained in the Supplement to the Funds' SAI dated July 30, 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 on a "soft dollar basis" in connection with the management of certain accounts may be used by ICON in managing client accounts other than those accounts generating such services (including the other Funds). In such cases, there is a conflict of interest because the research and brokerage services may benefit certain clients of ICON more than the client account (including a Fund) whose trading activity generated the "soft dollar" research and brokerage services."
Please retain this supplement with your SAI
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