Our History of Growth

U.S. Global Investors was initially formed in 1968 to manage a growth fund that evolved into our Gold Shares Fund, the nation’s first no-load precious metals fund. Since then, the company has grown into a widely diversified range of investments.

• In February 1994, we launched the China Region Opportunity Fund, the first no-load fund dedicated to investing primarily in companies located in the China region.
• In October of 1994, we introduced the Bonnel Growth Fund—now renamed the Holmes Growth Fund —the first of four U.S. Global Investors Accolade Funds designed for investors looking for dynamic growth opportunities in developed as well as emerging markets.
• In March 1997, we launched the Eastern European Fund with concentration on emerging market opportunities in that region, followed by the Global Emerging Markets Fund in February 2005.

The company also has several subsidiaries including United Shareholder Services, Inc., the transfer agent for mutual fund shareholders, and U.S. Global Brokerage, Inc.

Headquartered in San Antonio, Texas, USA, U.S. Global Investors, Inc. is a registered investment adviser and management firm servicing retail and institutional investors. The company manages a comprehensive family of 13 no-load mutual funds, encompassing major asset classes and markets including gold and natural resources, stocks, government money markets, tax-free bonds and emerging markets.

The company has an established record of delivering self-directed investment solutions to a broad spectrum of companies, non-profit organizations and pension plans. As a public company, U.S. Global Investors' stock trades over the counter on the Nasdaq stock exchange (Symbol: GROW).

Performance data quoted above is historical. Past performance is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The principal value and investment return of an investment will fl uctuate so that your shares, when redeemed, may be worth more or less than their original cost. Please consider carefully the fund's investment objectives, risks, charges and expenses. For this and other important information, obtain a fund prospectus by visiting www.usfunds.com or by calling 1-800-US-FUNDS (1-800-873-8637). Read it carefully before investing. Distributed by U.S. Global Brokerage, Inc.

Gold funds may be susceptible to adverse economic, political or regulatory developments due to concentrating in a single theme. The price of gold is subject to substantial price fluctuations over short periods of time and may be affected by unpredicted international monetary and political policies. We suggest investing no more than 5% to 10% of your portfolio in gold or gold stocks.

Foreign and emerging market investing involves special risks such as currency fluctuation and less public disclosure, as well as economic and political risk. By investing in a specific geographic region, a regional fund’s returns and share price may be more volatile than those of a less concentrated portfolio. The Eastern European Fund invests more than 25% of its investments in companies principally engaged in the oil & gas and banking industries.  In particular, the fund will invest at least 25% of its net assets in the following industries: energy equipment and services; oil, gas and consumable fuels; and commercial banking.  However, the fund will not invest more than 50% of its net assets in any one of those industries.  The risk of concentrating investments in this group of industries will make the fund more susceptible to risk in these industries than funds which do not concentrate their investments in an industry and may make the fund’s performance more volatile.