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Frank HolmesDear Investor,

Thank you for inquiring about our Global Resources Fund. If you are seeking growth for your portfolio, the global resources sector presents excellent opportunities for capital appreciation. To manage your money in this specialized sector, we employ fund managers and analysts with professional experience in geology, engineering, mineral economics and mining finance. This investment team is one of the most qualified in the business.

The Global Resources Fund invests in natural resource-related businesses around the world and includes energy, metals, minerals and more.

Everything you need to open an account is inside this booklet. In three easy steps you can become a fund shareholder. Simply:

  1. Review the enclosed investor’s guide and prospectus carefully;
  2. Complete the enclosed new account application; and
  3. Mail the application with your check in the postage-paid envelope provided.

Historically, natural resource funds have demonstrated price volatility, so please read the prospectus carefully before you invest.

If there is anything we can do to help you with this investment decision, please call our Investment Center at 1-800-US-FUNDS (1-800-873-8637). An investor representative will be happy to answer your questions or provide additional information.

I look forward to welcoming you as a fellow shareholder.

Sincerely,

Frank Holmes

Frank Holmes
CEO and Chief Investment Officer

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.

Foreign and emerging market investing involves special risks such as currency fluctuation and less public disclosure, as well as economic and political risk.

not part of prospectus

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