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2nd Quarter 2002

Are you interested in learning more about investing in mutual funds, retirement planning, asset allocation or investing in general? Read some of the latest articles from our quarterly Shareholder Report. Our newsletter provides investors with financial solutions, insights from money managers and global perspectives on investing. If you would like to receive a current issue of our Shareholder Report, please call an investor representative at 1-800-US-FUNDS.

Chairman's Message
U.S. Global Investors Chairman, CEO, and CIO Frank Holmes expands on the importance of diversification.

Asset Allocation - Are You Diversified Enough?
Portfolio Manager, John Derrick explains the significance of asset allocation.

What's Driving Gold
This article concentrates on the critical drivers that move gold and the concept of "Reversion to the Mean."

It's Time to Diversify Your Monthly Income!
Lists the Near-Term Tax Free Funds' appealing characteristics - low volatility, attractive yields, monthly income, and daily liquidity.

Like All Investments; It's Important to Understand the Risks of CDs
This article compares bank CD rates to municipal bonds.

Ian McAvity's DELIBERATIONS™ on World Markets
Newsletter writer, Ian McAvity confers about the villairs who victimized unsuspecting investors.

Past Issues
Would you like to read some of the articles in past issues of the Shareholder Report? You can read selected articles from several of the most recent Shareholder's Report by clicking on the specific quarter below.

1st Quarter 2002
4th Quarter 2001
3rd Quarter 2001
2nd Quarter 2001
1st Quarter 2001
4th Quarter 2000
3nd Quarter 2000
2nd Quarter 2000
1st Quarter 2000
4th Quarter 1999
3rd Quarter 1999
2nd Quarter 1999
1st Quarter 1999
4th Quarter 1998