U.S. Global Investors [www.usfunds.com]

Fund and ETF Comparison

Total Annualized Returns as of 9/30/2012

 

Since Inception
of PICK
(1/31/12)
1 year 5 Year 10 Year Gross
Expense
Ratios
Global Resources Fund 0.80% 17.70% -3.83% 19.12% 1.72%
Gold and Precious Metals Fund   0.26% 4.31% 16.97% 1.58%
Eastern European Fund   14.69% -9.97% 14.24% 1.98%
iShares MSCI Global Metals & Mining Producers ETF (PICK) -17.56% - - - 0.41%
Market Vectors Gold Miners ETF   -2.31% 4.14% - 0.52%
Market Vectors Russia ETF   13.86% -7.21% - 0.62%

Expense ratios 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 up to 2.00%) 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.

Click here to see month end returns of the funds.

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.

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.

Because the Global Resources Fund concentrates its investments in a specific industry, the fund may be subject to greater risks and fluctuations than a portfolio representing a broader range of industries.

The MSCI ACWI Select Metals & Mining Producers Ex Gold and Silver Investable Market Index aims to focus on companies in the industrial and rare earth metals (excluding gold and silver) that are highly sensitive to underlying prices of industrial and rare earth metals. The index includes companies that are primarily engaged in the production or extraction of metals and minerals, in the mining of precious metals excluding gold and silver, or in the production of aluminum or steel—as classified by the Global Industry Classification Standard.

Alpha is a measure of performance on a risk-adjusted basis. Alpha takes the volatility (price risk) of a mutual fund and compares its risk-adjusted performance to a benchmark index. The excess return of the fund relative to the return of the benchmark index is a fund's alpha. Diversification does not protect an investor from market risks and does not assure a profit. Standard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is also known as historical volatility.

 

Investment Objectives
The Global Resources Fund is an actively managed fund that takes a diversified approach to the natural resources sector by investing in energy and basic materials. The fund invests in companies involved in the exploration, production and processing of petroleum, natural gas, coal, alternative energies, chemicals, mining, iron and steel, and paper and forest products, and can invest in any part of the world.

The iShares MSCI Global Metals & Miners Producers ETF seeks investment results that correspond generally to the price and yield performance, before fees and expense, of the MSCI ACWI Select Metals & Mining Producers Ex Gold & silver Investable Market Index.

The Gold and Precious Metals Fund seeks capital appreciation while protecting against inflation and monetary instability. The fund also pursues current income as a secondary objective.

The Market Vectors Gold Miners ETF is a passively managed fund that seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index.

The Eastern European Fund is an actively managed fund that takes a non-diversified approach to the Eastern European market. The fund invests in companies located in the emerging markets of Eastern Europe.

The Market Vectors Russia ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Russia Index, a rules-based, modified market capitalization-weighted, float-adjusted index intended to give investors exposure to Russia.

Liquidity
The Global Resources, the Gold and Precious Metals and the Eastern European Funds can be purchased or sold at a net asset value (NAV) determined at the end of each trading day.

The iShares MSCI Global Metals & Miners Producers, Market Vectors Gold Miners and the Market Vectors Russia ETFs can be purchased or sold intraday.  These purchases and redemptions may generate brokerage commissions and other charges not reflected in the ETF’s published expense ratio.

Safety/Fluctuations of Principal/Return
Loss of money is a risk of investing. Shares of all the securities are subject to sudden fluctuations in value.

Tax Features
The Global Resources, the Gold and Precious Metals and the Eastern European Funds may make distributions that may be taxed as ordinary income or capital gains. Under current federal law, long-term capital gains for individual investors in the fund are taxed at a maximum rate of 15%.

For the iShares MSCI Global Metals & Miners Producers, Market Vectors Gold Miners and the Market Vectors Russia ETFs, long-term capital gain distributions will result from gains on the sale or exchange of capital assets held by a Fund for more than one year. Any long-term capital gains distributions you receive from a Fund are taxable as long-term capital gain regardless of how long you have owned your Shares. Long-term capital gains are currently taxed at a maximum of 15%. Information provided here is neither tax nor legal advice and is general in nature. Federal and state laws and regulations are subject to change.