UNITED SERVICES FUNDS
497, 1996-03-22
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[Mail out to all media representatives attending ISI Las Vegas 1996.] 

                 WE ARE LOOKING FORWARD TO SEEING YOU IN VEGAS!

Whether it is searching  through hundreds of earnings reports in Reno, Nevada or
tracking through  hundreds of miles of gold mining tunnels in continents  around
the world,  United Services'  veteran  portfolio  managers Art Bonnel and Victor
Flores seek GROWTH.

POSITIVE EARNINGS GROWTH

With over 25 years  investment  experience,  Art is a veteran in the mutual fund
industry.  He  chooses  to stay  away  from  the  Wall  Street  rumor  mill  and
concentrate on companies'  quarterly  reports from his home in Nevada.  He looks
for four  criteria,  including  earnings  growth,  current  ratio,  low debt and
substantial  equity  ownership,  in a stock before he will even consider  buying
into it.  This  investment  strategy  has been  very good to Art in the past and
earned the Bonnel  Growth  Fund a return of 45% for the one year  period  ending
February 1, 1996.*


GROWTH OF PRODUCTION AND RESERVES

Victor, a mineral  economist and geologist has spent the past year visiting mine
sites in South Africa,  Zimbabwe,  Chile, Kenya,  Mexico,  Canada.  Bilingual in
Spanish and schooled in mineral finance, many times Victor is able to speak with
the front-line  laborers as well as top brass management.  He is able to inspect
and evaluate the quality of the vein deposits as well the caliber and efficiency
of the workforce. His experience and knowledge have enabled Victor to manage one
of the top  performing  gold funds of 1995.  As of  February 6, for the one year
period, the U.S. World Gold Fund was up over 58.11%.**


                                UNITED SERVICES
                      GLOBAL FINANCIAL SOLUTIONS FOR GROWTH


           *One year total return of 2/1/96: 45.44%. Life of the fund
         (inception date, 10-17-94) total return as of 2/1/96: 33.33%.

    **18.97% and 9.16% were the respective average annual total returns for
                    the 5 and 10 year periods as of 2-6-96.

Investment  return and principal  value will  fluctuate.  You may have a gain or
loss when you sell shares.  Past  performance is no guarantee of future results.
For a free prospectus  containing more complete  information,  including charges
and expenses, call 1-800-US-FUNDS  (1-800-873-8637).  Please read the prospectus
carefully  before  investing.  Like all other mutual funds,  Fund shares are not
backed by the U.S. Government.


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