As filed with the Securities and Exchange Commission on September 8, 2016

1933 Act Registration Number – 333-176060

1940 Act Registration Number – 811-05617

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 /X/

Post-Effective Amendment No. 15

and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 /X/

Amendment No. 16

SCM Trust

(Exact Name of Registrant as Specified in Charter)

1050 17^th Street, Suite 1710

Denver, CO 80265

(Address of Principal Office)

Telephone Number: (415) 398-2727

Stephen C. Rogers

1050 17^th Street, Suite 1710

Denver, CO 80265

(Name and Address of Agent for Service)

With copy to:

Timothy S. Johnson

Reed Smith LLP

225 Fifth Avenue

Pittsburgh, Pennsylvania 15222

Telephone Number: (412) 288-1484

It is proposed that this filing will become effective:

[X]	immediately upon filing pursuant to Rule 485(b)

[  ]	on _________ pursuant to Rule 485(b)

[  ]	60 days after filing pursuant to Rule 485(a)(1)

[  ]	75 days after filing pursuant to Rule 485(a)(2)

[  ]	on _________ pursuant to Rule 485(a)

EXPLANATORY NOTE

This Post-Effective Amendment No 15 to the Trust’s Registration Statement on Form N-1A is filed for the sole purpose of submitting the XBRL exhibits for the risk/return summary first provided in Post-Effective Amendment No 12 filed August 5, 2016 and incorporates Parts A, B and C from said amendment.

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Denver, the State of Colorado, on September 8, 2016.

(Registrant)

By /s/ Stephen C. Rogers*

Stephen C. Rogers, Chairman of the Board and Trustee

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

*	Signed by Teresa Axelson pursuant to Powers of Attorney filed by Post-Effective Amendment to the Registration Statement as filed on March 31, 2016.