Investor Resources
A New Way of Thinking About Infrastructure
- October 19, 2009
We don’t often talk about the U.S. Global Investors mutual funds in this blog, but this time it’s warranted because we believe we’re at the front end of a wider trend.
BusinessWeek’s web site has posted a good story today about how infrastructure investment is being redefined – as the world grows and technology changes, no longer is this sector limited to the traditional plays of construction and engineering companies, utilities and the like.
Jack Dzierwa, one of the managers of our Global MegaTrends Fund (MEGAX), was among the fund managers interviewed for this informative story.
Jack discussed how the fund’s management team takes a wide view of what constitutes global infrastructure – privatized airports, alternative energy, water and telecommunications are among the investment possibilities.
He also focused on the U.S. Global view that the infrastructure opportunity is especially attractive in emerging markets, given their higher growth rates and their need to build out their infrastructure to be globally competitive.
Read the Global Infrastructure Story
Please consider carefully a 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.
| Fund | One-Year | Five-Year | Ten-Year | Gross Expense Ratio |
|---|---|---|---|---|
| Global MegaTrends | -11.00% | -0.28% | 1.50% | 2.28% |
Gross expense ratio as stated in the most recent prospectus. Performance data quoted above is historical. Past performance is no guarantee of future results. Results reflect the reinvestment of dividends and other earnings. Current performance may be higher or lower than the performance data quoted. The principal value and investment return of an investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. Performance does not include the effect of any direct fees described in the fund’s prospectus (e.g., short-term trading fees of 0.25%) which, if applicable, would lower your total returns. Obtain performance data current to the most recent month-end at www.usfunds.com or 1-800-US-FUNDS.
By clicking the link in this article, you will be redirected to a third-party website. U.S. Global Investors does not endorse all information supplied by this website and is not responsible for its content.
Foreign and emerging market investing involves special risks such as currency fluctuation and less public disclosure, as well as economic and political risk. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. Holdings in the Global MegaTrends Fund as a percentage of net assets as of September 30. 2009: SNC Lavalin Group 1.54%, Cohen & Steers Capital Management 0.0%, Empresas ICA 0.0%, Companhia de Concessoes Rodoviarias 0.0%, Cascal NV 0.0%, Eutelsat Communications 0.0%, SES SA 0.0%, American Tower Corp. 0.0%, Vivo Participacoes SA 2.16%, Grupo Aeroportuario del Sureste SA B de CV 2.92%, Alpine Global Infrastructure Fund 0.0%, Cohen & Steers Global Infrastructure Fund 0.0% #09-726
Net Asset Value
as of 09/02/2010
- Global Resources Fund
PSPFX $8.72 +0.08 - Gold and Precious Metals Fund
USERX $17.25 +0.18 - World Precious Minerals Fund
UNWPX $19.21 +0.13 - China Region Fund
USCOX $8.50 No Change - Eastern European Fund
EUROX $9.05 +0.03 - Global Emerging Markets Fund
GEMFX $8.15 +0.01 - Global MegaTrends Fund
MEGAX $7.67 +0.03 - All American Equity Fund
GBTFX $19.86 +0.15 - Holmes Growth Fund
ACBGX $15.79 +0.19 - Tax Free Fund
USUTX $12.61 No Change - Near-Term Tax Free Fund
NEARX $2.27 No Change - U.S. Government Securities Savings Fund
UGSXX $1.00 No Change - U.S. Treasury Securities Cash Fund
USTXX $1.00 No Change


