The Eastern European Fund is Now the Emerging Europe Fund, and Additional Fund Changes
Date Posted: March 28, 2013
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U.S. Global Investors is pleased to announce several changes to the funds.
The Eastern European Fund (EUROX) is now known as the Emerging Europe Fund. While the fund maintains the identical investment and stock selection process, the new name better reflects the emerging nature of the countries in which the fund invests. The fund seeks companies across the entire emerging European area poised to benefit from the domestic growth of the area, the eventual European recovery and currently low valuations.
See more information on the Emerging Europe Fund.
Also, the redemption fee has been eliminated for U.S. Global equity fund shares held longer than seven days. The redemption charge for equity funds is now 0.05 percent on shares held seven days or less. Previously, the redemption fees ranged from 0.10 to 2 percent on holding periods of 30 to 180 days, depending on the fund.
These changes were made effective March 19, 2013. If you have any questions, please contact an Investor Representative at 800-873-8637.
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. The Emerging Europe 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.
