Daily NAV

Net Asset Values (NAV) as of 11/24/2014
FundSymbolClosePreviousChangeYTD
Global Resources Fund PSPFX $8.23 $8.37   -0.14   -12.07%
Gold and Precious Metals Fund USERX $5.64 $5.68   -0.04   -6.00%
World Precious Minerals Fund UNWPX $5.12 $5.11   0.01   -10.02%
China Region Fund USCOX $8.20 $8.08   0.12   -0.97%
Emerging Europe Fund EUROX $7.43 $7.40   0.03   -15.76%
All American Equity Fund GBTFX $33.36 $33.25   0.11   3.67%
Holmes Macro Trends Fund MEGAX $23.42 $23.28   0.14   -3.38%
Near-Term Tax Free Fund NEARX $2.26 $2.26 0.00   3.25%
U.S. Government Securities Ultra-Short Bond Fund UGSDX $2.00 $2.00 0.00   0.29%

Occasionally one or more of the above prices may be different than those reported elsewhere. With our global investments and the early deadline imposed by reporting services, occasionally a price is provided to the services before it has been fully verified. The prices above are always the most current and accurate available.

Expense ratios as stated in the most recent prospectus. The expense ratio after waivers is a contractual limit through December 31, 2014, for the Near-Term Tax Free Fund, and a voluntary limit for all other funds, on total fund operating expenses (exclusive of any acquired fund fees and expenses, performance fees, extraordinary expenses, taxes, brokerage commissions and interest). U.S. Global Investors, Inc. (the “Adviser”) can modify or terminate the voluntary limits at any time, which may lower a fund’s yield or return. In addition, the yields and returns for the U.S. Government Securities Ultra-Short Bond Fund include the effects of additional voluntary waivers of fees and reimbursements of expenses by the Adviser, including waivers and reimbursements to maintain a minimum net yield for the fund. The Adviser can modify or terminate these arrangements 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. For a portion of periods, the fund had expense limitations, without which returns would have been lower. 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 0.05%) which, if applicable, would lower your total returns. Performance quoted for periods of one year or less is cumulative and not annualized. Obtain performance data current to the most recent month-end at www.usfunds.com or 1-800-US-FUNDS.

U.S. Global Investors Institutional Class Shares


Institutional Class I Net Asset Values as of 11/21/2014
FundSymbolClosePreviousChangeSince
Inception*
*Inception date: March 1, 2010
Global Resources Fund Inst Cl PIPFX $8.36 $8.17   0.19   1.88%
World Precious Minerals Fund Inst Cl UNWIX $5.14 $5.06   0.08   -18.07%

Occasionally one or more of the above prices may be different than those reported elsewhere. With our global investments and the early deadline imposed by reporting services, occasionally a price is provided to the services before it has been fully verified. The prices above are always the most current and accurate available.

Expense ratios as stated in the most recent prospectus. The expense ratio after waivers is a voluntary arrangement pursuant to which U.S. Global Investors, Inc. has agreed to waive all class-specific expenses. Each expense waiver is exclusive of performance fees, acquired fund fees and expenses, extraordinary expenses, taxes, brokerage commissions and interest. U.S. Global Investors, Inc. can modify or terminate the voluntary limits at any time, which may lower a fund’s yield or return. Performance data quoted above is historical. Past performance is no guarantee of future results. Results reflect the reinvestment of dividends and other earnings. For a portion of periods, the fund had expense limitations, without which returns would have been lower. 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 0.05%) which, if applicable, would lower your total returns. Performance quoted for periods of one year or less is cumulative and not annualized. Obtain performance data current to the most recent month-end at www.usfunds.com or 1-800-US-FUNDS.

View the performance of the Global Resources Fund's Investor Class shares (PSPFX)** >

View the performance of the World Precious Minerals Fund’s Investor Class shares (UNWPX)** >

**Institutional Class shares have operating history only since March 1, 2010. The above links lead to tables displaying the returns of Investor Class shares of each fund. Investor Class shares of each fund would have annual returns substantially similar to the Institutional Class shares of the corresponding fund because they are invested in the same portfolio of securities. The returns have not been adjusted to reflect any difference in expense between Institutional Class shares and Investor Class shares. If differences in expenses had been reflected, the returns would be higher.

Net Asset Value
as of 11/24/2014

Global Resources Fund PSPFX $8.23 -0.14 Gold and Precious Metals Fund USERX $5.64 -0.04 World Precious Minerals Fund UNWPX $5.12 0.01 China Region Fund USCOX $8.20 0.12 Emerging Europe Fund EUROX $7.43 0.03 All American Equity Fund GBTFX $33.36 0.11 Holmes Macro Trends Fund MEGAX $23.42 0.14 Near-Term Tax Free Fund NEARX $2.26 No Change China Region Fund USCOX $8.20 0.12