UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of report (Date of earliest event reported):

~~June~~May 1527, 2011

SHELTON GREATER CHINA FUND

(Exact Name of Registrant as Specified in Its Charter)


Massachusetts (State or other jurisdiction of incorporation)		001-34213 (Commission File Number)		52-6400931 (I.R.S. Employer Identification No.)


44 Montgomery Street, Suite 2100, San Francisco, CA (Address of Principal Executive Offices)		94104 (Zip Code)

Registrant's telephone number, including area code: 1(800) 955-9988

Taiwan Greater China Fund

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing of obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 45.0107 ~~Changes~~Submission inof ~~Registrant's~~Matters ~~Certifying~~to ~~Accountant~~a Vote of Security Holders.

~~KPMG~~The ~~LLP~~Taiwan ~~(“KPMG”) was previously the independent registered public accounting firm for the Shelton~~ Greater China Fund (~~formerly,~~ the ~~Taiwan~~"Trust") ~~Greater~~held ~~China~~its ~~Fund)~~2010 ~~(the~~Annual ~~“Trust”).~~Meeting ~~Effective~~of ~~June~~Shareholders ~~15,~~on ~~2011~~Friday, ~~KPMG~~May ~~was~~27, ~~dismissed~~2011, asat which the Trust’s ~~independent~~shareholders ~~registered~~voted ~~public~~to ~~accounting~~elect ~~firm~~each ~~and~~of ~~effective~~the ~~June~~three 20nominees, ~~2011~~James W. Miller, ~~Tait~~Jr., ~~Weller~~Kevin &T. ~~Baker,~~Kogler ~~LLP~~and ~~was~~Stephen ~~engaged~~H. Sutro, to ~~audit~~ the Trust’'s ~~financial~~Board ~~statements~~of ~~for~~Trustees (the ~~2011 fiscal year~~"Board").

~~The~~Additionally, ~~decision~~the toTrust's ~~change~~shareholders ~~independent~~voted ~~registered~~to ~~public~~convert ~~accounting firms was approved by~~ the ~~Audit Committee of the~~ Trust's ~~Board~~from ofa ~~Trustees~~closed-end ~~(the~~investment ~~"Board")~~company ~~and~~to ~~ratified~~an byopen-end ~~the~~investment ~~full Board~~company.

~~KPMG'~~The Trust’s ~~report~~shareholders onalso approved, (i) an investment advisory agreement between the Trust and CCM Partners, L.P., (ii) an investment sub-advisory agreement between CCM Partners, L.P. and Nikko Asset Management Co. Ltd., (iii) amendments to the Trust’s ~~financial~~Amended ~~statements~~and ~~for~~Restated Declaration of Trust: (a) eliminating the ~~fiscal~~staggered ~~years~~nature ~~ended~~of ~~December~~the 31Board, ~~2009~~(b) allowing the Trust to have multiple funds, and ~~2010~~(c) ~~did~~allowing ~~not~~the ~~contain~~Trust to make in-kind redemptions, (iv) an ~~adverse~~amendment ~~opinion~~to orthe ~~disclaimer~~investment objective of ~~opinion~~the Trust to expand the primary geographic scope of the Trust's investments from the Republic of China ("Taiwan") to the Greater China region, ~~nor~~including: ~~was~~Taiwan, itHong ~~qualified~~Kong, orSingapore ~~modified~~and asthe People's Republic of China, (v) an amendment to ~~uncertainty~~an investment policy of the Trust to expand the geographic region in which the Trust must invest, ~~audit~~under ~~scope~~normal orcircumstances, ~~accounting~~at ~~principles~~least 80% of its net assets, from Taiwan to the Greater China region, and (vi) an amendment to the investment policies of the Trust removing restrictions on certain investment activities of the Trust.

~~During~~The ~~the~~final ~~Trust’s~~voting ~~fiscal~~results ~~years~~on ~~ended~~these ~~December~~matters ~~31, 2009 and 2010, and through the interim period ended June 15, 2011, there~~ were ~~no:~~as (1) disagreements with KPMG on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of KPMG, would have caused KPMG to make reference in connection with their opinion to the subject matter of the disagreement, or (2) reportable events.follows:

The Trust has provided KPMG with a copy of this filing and requested that KPMG furnish a letter addressed to the Securities and Exchange Commission (the “SEC”) stating whether it agrees with the above statements1. A ~~copy~~Election of ~~this filing, along with KPMG's response will be filed as an exhibit with the Trust’s next Form N-SAR (in accordance with Sub-Item 77k of Form N-SAR)~~Directors.

Item 9.01 Financial Statements and Exhibits.

Name	For	Withheld	Broker Non-Votes
James W. Miller, Jr.	3,344,850	4,249,112	0
Kevin T. Kogler	3,344,850	4,249,112	0
Stephen H. Sutro	3,344,850	4,249,112	0

~~(d)~~2. ~~Exhibits~~Approval of the conversion of the Trust from an closed-end investment company to an open-end investment company.

Exhibit No. Description

For	Against	Withheld	Broker Non-Votes
7,105,983	9,450	478,529	0

163.1 ~~Letter,~~Approval ~~dated~~of ~~June~~an ~~21,~~investment ~~2011,~~advisory ~~from~~agreement ~~KPMG~~between ~~LLP to~~ the ~~Securities~~Trust and ~~Exchange~~CCM ~~Commission~~Partners, L.P.

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For	Against	Withheld	Broker Non-Votes
7,292,278	288,976	12,708	0

4. Approval of an investment sub-advisory agreement between CCM Partners, L.P. and Nikko Asset Management Co. Ltd.

For	Against	Withheld	Broker Non-Votes
7,285,177	288,976	19,809	0

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5. Approval of an amendment to the Trust's Amended and Restated Declaration of Trust eliminating the staggered nature of the Board.

For	Against	Withheld	Broker Non-Votes
7,500,941	78,737	14,284	0

6. Approval of an amendment to the Trust's Amended and Restated Declaration of Trust allowing for the Trust to have multiple funds.

For	Against	Withheld	Broker Non-Votes
7,479,177	110,653	4,132	0

7. Approval of an amendment to the Trust's Amended and Restated Declaration of Trust allowing the Trust to make in-kind redemptions.

For	Against	Withheld	Broker Non-Votes
6,752,161	839,016	2,785	0

8. Approval of an amendment to the investment objective of the Trust to expand the primary geographic focus of the Trust's investments from the Republic of China ("Taiwan") to the Greater China region (this includes: Taiwan, Hong Kong, Singapore and the People's Republic of China).

For	Against	Withheld	Broker Non-Votes
7,540,867	48,222	4,873	0

9. Approval of an amendment to the investment policy of the Trust to expand the primary geographic region in which the Trust must invest, under normal circumstances, at least 80% of its net assets, from Taiwan to the Greater China region.

For	Against	Withheld	Broker Non-Votes
7,539,331	49,758	4,873	0

10. Approval of an amendment to the investment policies of the Trust removing restrictions on certain investment activities of the Trust.

For	Against	Withheld	Broker Non-Votes
7,538,088	50,801	5,073	0

At a meeting of the Trust’s Board of Trustees held in June 2010, the Board approved implementation of each of items 3-10 above.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	SHELTON GREATER CHINA FUND
Dated: June 21, 2011	By:	/s/ Stephen C. Rogers
Dated: August 15, 2011	By:	/s/ Stephen C. Rogers
		Stephen C. Rogers
		Chief Executive Officer

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EXHIBIT INDEX

16.1 Letter, dated June 21, 2011, from KPMG LLP to the Securities and Exchange Commission.

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