Discover the growth opportunities in emerging markets. Our specialized fund gives you the opportunity to diversify your portfolio globally while adding capital appreciation potential and a possible hedge against inflation.

Why Invest in Global Emerging Markets?

Emerging-market countries include some of the world’s fastest growing economies. Many of these have undergone significant change over the last few decades. For example, China, the world’s most populous nation, has evolved from a command economy to one with a vibrant private sector. In other Asian countries such as Korea and Thailand, many businesses that appeared to be managed purely for the benefit of controlling shareholders are, since the Asian crisis of 1997, now taking the interests of minority investors into consideration. The former communist countries of Eastern Europe have become capitalist following the fall of the Berlin Wall and the collapse of the Soviet Union. The European Union welcomed ten new members, including eight countries formerly under communist rule. Meanwhile, in Latin America, many countries have made the transition from military dictatorship to democracy.

Over the same period of time, stock markets in emerging nations have also opened up. Countries such as China and Russia have introduced stock markets. In other markets like Korea, Taiwan and India, it is now easier for foreigners to buy stocks than a decade or two ago.

Many global emerging economies have more favorable demographics than developed countries. The percentage of working population is often higher and many countries will not, in the next twenty years, encounter the same pension fund problems faced by richer economies. Several nations of these economies are the factories of the world, with significantly lower wage rates and lower taxes. Among these are countries that benefit from membership in the North American Free Trade Association or the European Union.

The Global Emerging Markets Fund employs a bottom-up stock selection process aiming to find the best opportunities for achieving long-term capital gains in this asset class.

Charlemagne Capital Ltd.: A Specialist in Emerging-Market Fund Management

Charlemagne Capital Ltd. specializes in global emerging markets. Established in 1991 to provide quality investment management and advisory services to professional investors, it has extensive experience in the markets of Asia and Eastern Europe. Charlemagne Capital Ltd. serves as the subadviser and portfolio manager for the Global Emerging Markets Fund.

Stefan Böttcher and Julian Mayo lead the investment team from their office in London. The team uses a bottom-up investment process that attempts to select countries in emerging markets that meet the subadviser’s investment requirements.

Emerging Markets Can Outperform the U.S. Market

Global Specialists Travel Worldwide
Seeking Investment Opportunities for You.

Our specialists personally visit operations worldwide and constantly assess the development of quality growth opportunities in the emerging markets sector. Their professional experience guides them in monitoring the markets and analyzing investments to make money for you.

Investing is Easy and Affordable

We believe everyone should have the opportunity to invest. Our low minimum initial investment of $5,000 makes it easy and affordable to build a position in the Global Emerging Markets Fund. If you use our ABC Investment Plan,® you can get started with as little as $1000 when you make monthly automatic investments of only $100 or more.

Individual Retirement Accounts (IRAs) have no minimum investment requirement, so it is easy for you to open an account for yourself, your children or grandchildren. All new IRA investments of $10,000 or more will receive a lifetime waiver of custodian fees.

Your Account Information is Just a
Toll-Free Phone Call Away.

You can call toll-free from anywhere in the United States to check your account balance, confirm deposits, verify exchanges and more. This convenient service is available 24 hours a day, seven days a week by calling 1-800-US-FUNDS (1-800-873-8637).

You Save Money with a
No-load Investment

Investing in foreign stocks on your own can be very expensive. As an institutional investor, the fund can negotiate lower commissions on its portfolio transactions. Because our funds are 100% no load, you never pay commissions or sales charges. Please read the prospectus, which includes charges and ongoing expenses, carefully before investing.

You can withdraw money from your account by written request or by telephone exchange. Investors should be aware that investment returns and principal value will vary, and you may have a gain or loss when you sell shares.

You may exchange shares using the automated telephone system; speaking to an investor representative; using our website, www.usfunds.com; or by mail. Certain restrictions or fees may apply. You may be charged $5 by the transfer agent for each exchange out of any fund account. Retirement accounts are allowed three free exchanges per calendar quarter.

Did you know...? For instant liquidity, you can transfer money by phone to your U.S. Treasury Securities Cash Fund account and then write a check for any amount you need. If you have yet to invest in our money market fund, call 1-800-US-FUNDS for a free investment kit.

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.

An investment in a money market fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.

The ABC Investment Plan® provides you with an opportunity to automatically invest in our funds with a lower initial investment.

The ABC Investment Plan® allows you to open an account with $1000 when you make monthly investments of $100 or more. Simply choose the amount you want to invest and the day of the month you want to invest it. According to your instructions, we will transfer the money from your checking account and invest it in the fund of your choice.

Monthly investing is easy and affordable.

Long-term goals like buying a home, saving for college or building a retirement nest egg are achieved more easily when you put aside a little each month. Automatic reinvestment and compounding of dividend income adds momentum to the building of your wealth. And, because the amount you invest stays the same, your money buys more shares when the price is low and fewer shares when the price is high.

A program of regular investing doesn’t assure a profit or protect against loss in a declining market. You should evaluate your ability to continue in such a program in view of the possibility that you may have to redeem fund shares in periods of declining share prices as well as in periods of rising prices.

1. Review the prospectus carefully.

Prospectus: A legal document that describes a mutual fund’s objectives, strategies, risks, costs and management.

The prospectus is the best source of information on a mutual fund. While a fund’s prospectus may appear intimidating at first, it is important that you read it carefully before investing to make sure the fund’s investment objectives and risks are appropriate for you.

The prospectus contains valuable information including:

• the fund’s investment objectives
• its strategies to achieve its objectives
• the fund’s operating expenses and fees
• special risks associated with the fund’s investments

2. Complete the enclosed new account application. Please be sure to sign it.

Your Account Options:

• Basic Accounts are for individuals or joint account holders.
• Retirement Accounts earn tax-deferred income for your retirement savings. We offer traditional and Roth IRAs, Education Savings Accounts, SEPs, SIMPLE IRAs, and 403(b) Plans.
• Uniform Gifts to Minors Act Accounts (UGMA) and Uniform Transfers to Minors Act Accounts (UTMA) allow an adult to act as a custodian for a child’s investment.
• Business Accounts can be customized for your sole proprietorship, partnership or corporation.
• Trust Accounts are for estate planning purposes and for those with fiduciary responsibilities.

3. Open Your Account by Mail or Wire Transfer.

To open an account, mail your investment check (made payable to the Global Emerging Markets Fund) with your application in the postage-paid envelope provided. Or, to arrange a wire transfer, call 1-800-873-8637. Current shareholders may easily establish a new account by telephone exchange. On the day we receive your account application and investment, we will open your new account and immediately mail you a statement confirming your purchase.

Services to Keep You Informed

Account Statements

Each time you make a transaction or a dividend is paid, you’ll receive an account statement.

Investment Center

The Center is staffed by a team of investor representatives who are mutual fund specialists. They are dedicated to helping you maximize your investment experience with U.S. Global Investors. You can call 1-800-US-FUNDS to have our specialists answer questions about your investment, explain how our family of funds can help you build a diversified portfolio, provide you with educational tools to help you learn how to build wealth, suggest strategies for making investing easy and assist you in making account transactions. The Investment Center is open every business day from 7:30 a.m. to 7:00 p.m. (CST).

Call 1-800-US-FUNDS anytime for your account balance, fund performance updates, share closing prices and fund insights direct from our portfolio managers. This automated service is available 24 hours a day, seven days a week.

Portfolio Direct

Listen to our portfolio managers’ insights and expectations for the markets. Call 1-800-US-FUNDS and select menu option 6.

2. Complete the enclosed new account application. Please be sure to sign it.

The Shareholder Report

Periodically you will receive an educational report filled with financial solutions, fund performance highlights, insights from expert money managers and global perspectives on investing.

Financial Reports

We will provide you with detailed information on portfolio holdings and investment performance twice a year

Our website, www.usfunds.com, offers you services and information, including access to your account, an asset allocation tool for selecting an asset mix that meets your goals, and retirement planning worksheets to help you determine how much to save to reach your retirement goals. You can also download prospectuses, read the Shareholder Report, monitor share prices and learn more about our family of funds.

Email

You can communicate with the Investment Center via electronic mail. Send your questions to shsvc@usfunds.com. An investor representative will respond to your message within one business day.

Online Account Access

To view your account online, visit www.usfunds.com and click "Access My Account." From there, you can check your balance, view your transaction history, request duplicate statements or make an exchange into a different fund.