Investor Resources

Print Version

 

• December 17, 2009

As we approach the end of the year, CNBC’s “Squawk on the Street” program is highlighting funds in a series of segments they have named the “Best of the Best of the Decade.” Two U.S. Global funds—the Gold & Precious Metals Fund (USERX) and the Eastern European Fund (EUROX)—were included in these special segments.

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.

Total Annualized Returns as of September 30, 2009

Fund	One-Year	Five-YearM	Ten-Year	Gross Expense Ratio	Capped Expense Ratio
Gold & Precious Metals Fund (USERX)	27.16%	18.47%	15.80%	1.86%	1.90%
Eastern European Fund (EUROX)	-15.31%	8.26%	17.41%	2.14%>	2.85%

Gross expense ratio as stated in the most recent prospectus. Capped expense ratio is a voluntary limit on total fund operating expenses (exclusive of any acquired fund fees and expenses, performance fees, taxes, brokerage commissions and interest) that U.S. Global Investors, Inc. can modify or terminate at any time. 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 up to 2.00%) 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. High double-digit returns are attributable, in part, to unusually favorable market conditions and may not be repeated or consistently achieved in the future.

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. Gold, precious metals, and precious minerals funds may be susceptible to adverse economic, political or regulatory developments due to concentrating in a single theme. The prices of gold, precious metals, and precious minerals are 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 these sectors. The Eastern European Fund invests more than 25% of its investments in companies principally engaged in the oil & gas or banking 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. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. Diversification does not protect an investor from market risks and does not assure a profit.

The Russian Trading Systems Index is a capitalization-weighted index that is calculated in USD. The index is comprised of stocks traded on the Russian Trading System. The S&P 500 Stock Index is a widely recognized capitalization-weighted index of 500 common stock prices in U.S. companies. The Istanbul Stock Exchange National 100 Index (XU100) is a capitalization-weighted index composed of National Market companies except investment trusts. The Shanghai Composite Index (SSE) is an index of all stocks that trade on the Shanghai Stock Exchange. The Dow Jones Industrial Average is a price-weighted average of 30 blue chip stocks that are generally leaders in their industry. The Nasdaq Composite Index is a capitalization-weighted index of all Nasdaq National Market and SmallCap stocks.

Holdings in the Gold & Precious Metals Fund and the Eastern European Fund as a percentage of net assets as of September 30, 2009: Randgold Resources Ltd (Gold & Precious Metals Fund 8.51%), IAMGOLD Corp (Gold & Precious Metals Fund 2.57%), Silver Wheaton Corp (Gold & Precious Metals Fund 3.02%), Royal Gold Inc (Gold & Precious Metals Fund 3.38%), Mobile Telesystems (Eastern European 4.76%), OTP Bank (Eastern European 2.77%), Magnit (Eastern European 1.05%), X5 Retail Group (Eastern European 1.35%), Garanti Bank (Eastern European 4.94%), Freeport McMoRan (Gold & Precious Metals 0.15%), Newmont 0.00%, American Express 0.00%, AK Steel 0.00%, Akamai 0.00%, Boeing 0.00%, Big Lots 0.00%, Chevron 0.00%, Caterpillar 0.00%, DuPont 0.00%, Goodyear 0.00%, Monster 0.00%, Moody’s 0.00%, Robert Half 0.00%, United Technologies 0.00%, Yum Brands 0.00%

• Global Resources Fund
  PSPFX $10.20 -0.03
• Gold and Precious Metals Fund
  USERX $13.94 -0.02
• World Precious Minerals Fund
  UNWPX $14.84 +0.02
• China Region Fund
  USCOX $7.65 -0.04
• Eastern European Fund
  EUROX $9.19 +0.07
• Global Emerging Markets Fund
  GEMFX $7.58 +0.01
• Global MegaTrends Fund
  MEGAX $8.19 +0.01
• All American Equity Fund
  GBTFX $24.22 +0.10
• Holmes Growth Fund
  ACBGX $18.95 +0.07
• Tax Free Fund
  USUTX $12.80 -0.01
• Near-Term Tax Free Fund
  NEARX $2.28 No Change
• U.S. Government Securities Savings Fund
  UGSXX $1.00 No Change
• U.S. Treasury Securities Cash Fund
  USTXX $1.00 No Change