[IBD WORLD GOLD AD]
U.S. WORLD
GOLD FUND
(LINEAR GRAPH PLOTTED FROM DATA IN TABLE BELOW)
<TABLE>
<CAPTION>
SHARE 200-DAY
PRICE MOVING AVERAGE
----- --------------
<S> <C> <C>
1/3/95 14.30 15.96
1/4/95 13.88 15.95
1/5/95 13.84 15.93
1/6/95 13.65 15.91
1/9/95 13.60 15.89
1/10/95 13.67 15.87
1/11/95 13.90 15.85
1/12/95 14.00 15.83
1/13/95 14.06 15.81
1/16/95 13.93 15.79
1/17/95 13.90 15.78
1/18/95 14.14 15.76
1/19/95 14.25 15.75
1/20/95 14.17 15.73
1/23/95 13.91 15.72
1/24/95 13.88 15.70
1/25/95 13.72 15.69
1/26/95 13.66 15.67
1/27/95 13.32 15.65
1/30/95 13.18 15.64
1/31/95 13.09 15.62
2/1/95 13.13 15.60
2/2/95 13.27 15.59
2/3/95 13.17 15.58
2/6/95 13.13 15.57
2/7/95 13.00 15.55
2/8/95 12.94 15.54
2/9/95 13.08 15.53
2/10/95 13.07 15.51
2/13/95 13.00 15.50
2/14/95 12.91 15.48
2/15/95 12.92 15.47
2/16/95 12.93 15.46
2/17/95 13.00 15.44
2/21/95 13.09 15.43
2/22/95 13.27 15.41
2/23/95 13.35 15.40
2/24/95 13.44 15.39
2/27/95 13.28 15.38
2/28/95 13.37 15.36
3/1/95 13.17 15.35
3/2/95 13.31 15.34
3/3/95 13.15 15.32
3/6/95 13.33 15.31
3/7/95 13.73 15.29
3/8/95 13.66 15.27
3/9/95 13.74 15.26
3/10/95 13.70 15.24
3/13/95 13.86 15.23
3/14/95 13.87 15.22
3/15/95 14.00 15.20
3/16/95 13.93 15.19
3/17/95 13.91 15.18
3/20/95 13.96 15.16
3/21/95 13.91 15.15
3/22/95 13.92 15.14
3/23/95 14.02 15.13
3/24/95 14.02 15.12
3/27/95 14.04 15.11
3/28/95 14.08 15.10
3/29/95 14.10 15.08
3/30/95 14.49 15.08
3/31/95 14.91 15.07
4/3/95 14.92 15.06
4/4/95 14.85 15.05
4/5/95 15.22 15.05
4/6/95 15.35 15.04
4/7/95 15.28 15.04
4/10/95 14.99 15.03
4/11/95 15.05 15.03
4/12/95 15.11 15.03
4/13/95 14.96 15.02
4/17/95 15.38 15.02
4/18/95 15.63 15.02
4/19/95 15.68 15.02
4/20/95 15.48 15.02
4/21/95 15.39 15.03
4/24/95 15.47 15.03
4/25/95 15.51 15.03
4/26/95 15.35 15.03
4/27/95 15.45 15.03
4/28/95 15.32 15.03
5/1/95 15.39 15.03
5/2/95 15.36 15.02
5/3/95 15.24 15.02
5/4/95 15.51 15.02
5/5/95 15.45 15.02
5/8/95 15.38 15.02
5/9/95 15.05 15.02
5/10/95 14.94 15.01
5/11/95 14.79 15.01
5/12/95 14.88 15.00
5/15/95 15.02 15.00
5/16/95 15.08 15.00
5/17/95 15.16 14.99
5/18/95 15.15 14.99
5/19/95 14.96 14.99
5/22/95 14.91 14.99
5/23/95 15.10 14.99
5/24/95 15.30 14.99
5/25/95 15.37 14.99
5/26/95 15.37 14.99
5/30/95 15.33 14.99
5/31/95 15.29 14.99
6/1/95 15.34 14.99
6/2/95 15.20 14.99
6/5/95 15.21 14.99
6/6/95 15.12 14.99
6/7/95 15.20 14.99
6/8/95 15.34 14.99
6/9/95 15.35 14.99
6/12/95 15.26 14.99
6/13/95 15.31 14.99
6/14/95 15.54 14.99
6/15/95 15.86 14.99
6/16/95 16.14 14.99
6/19/95 16.39 14.98
6/20/95 16.31 14.98
6/21/95 16.26 14.98
6/22/95 16.36 14.98
6/23/95 16.39 14.98
6/26/95 16.10 14.98
6/27/95 16.03 14.97
6/28/95 15.89 14.97
6/29/95 15.95 14.97
6/30/95 15.81 14.96
7/3/95 15.79 14.96
7/5/95 15.92 14.95
7/6/95 16.11 14.95
7/7/95 16.36 14.95
7/10/95 16.29 14.94
7/11/95 16.52 14.94
7/12/95 16.71 14.94
7/13/95 16.67 14.93
7/14/95 16.79 14.93
7/17/95 16.87 14.93
7/18/95 16.77 14.92
7/19/95 16.50 14.92
7/20/95 16.35 14.92
7/21/95 16.48 14.92
7/24/95 16.61 14.92
7/25/95 16.52 14.91
7/26/95 16.60 14.91
7/27/95 16.45 14.91
7/28/95 16.60 14.91
7/31/95 16.50 14.91
8/1/95 16.63 14.91
8/2/95 16.61 14.91
8/3/95 16.63 14.90
8/4/95 16.70 14.90
8/7/95 16.66 14.90
8/8/95 16.90 14.90
8/9/95 16.84 14.90
8/10/95 16.71 14.90
8/11/95 16.66 14.90
8/14/95 16.79 14.90
8/15/95 16.99 14.91
8/16/95 16.84 14.91
8/17/95 16.91 14.91
8/18/95 17.02 14.91
8/21/95 16.95 14.92
8/22/95 16.94 14.92
8/23/95 17.04 14.93
8/24/95 17.06 14.93
8/25/95 17.12 14.94
8/28/95 17.09 14.94
8/29/95 17.05 14.95
8/30/95 16.89 14.95
8/31/95 16.95 14.96
9/1/95 16.77 14.96
9/5/95 16.75 14.97
9/6/95 16.90 14.98
9/7/95 17.02 14.99
9/8/95 17.12 15.00
9/11/95 17.32 15.01
9/12/95 17.31 15.03
9/13/95 17.26 15.04
9/14/95 17.22 15.06
9/15/95 17.19 15.07
9/18/95 17.24 15.09
9/19/95 17.15 15.10
9/20/95 16.98 15.12
9/21/95 17.08 15.13
9/22/95 16.89 15.15
9/25/95 16.92 15.16
9/26/95 16.90 15.18
9/27/95 16.75 15.19
9/28/95 16.81 15.21
9/29/95 16.94 15.22
10/2/95 16.80 15.23
10/3/95 16.70 15.25
10/4/95 16.47 15.26
10/5/95 16.38 15.27
10/6/95 16.55 15.28
10/9/95 16.54 15.29
10/10/95 16.38 15.30
10/11/95 16.43 15.31
10/12/95 16.50 15.32
10/13/95 16.50 15.33
10/16/95 16.32 15.34
10/17/95 16.22 15.35
10/18/95 16.10 15.36
10/19/95 15.99 15.37
10/20/95 15.92 15.39
10/23/95 15.59 15.40
10/24/95 15.47 15.40
10/25/95 15.48 15.41
10/26/95 15.42 15.42
10/27/95 15.23 15.42
10/30/95 15.11 15.43
10/31/95 15.20 15.44
11/1/95 15.23 15.44
11/2/95 15.49 15.45
11/3/95 15.51 15.46
11/6/95 15.74 15.46
11/7/95 15.86 15.47
11/8/95 15.89 15.49
11/9/95 15.99 15.50
11/10/95 16.32 15.51
11/13/95 16.25 15.53
11/14/95 16.01 15.54
11/15/95 15.88 15.56
11/16/95 15.86 15.57
11/17/95 16.03 15.58
11/20/95 16.02 15.60
11/21/95 16.07 15.61
11/22/95 15.96 15.63
11/24/95 15.96 15.64
11/27/95 16.12 15.66
11/28/95 16.42 15.67
11/29/95 16.48 15.69
11/30/95 16.50 15.71
12/1/95 16.49 15.73
12/4/95 16.73 15.75
12/5/95 16.88 15.77
12/6/95 17.08 15.79
12/7/95 16.97 15.80
12/8/95 17.06 15.82
12/11/95 17.05 15.84
12/12/95 17.02 15.86
12/13/95 16.87 15.88
12/14/95 16.78 15.89
12/15/95 16.81 15.91
12/18/95 16.78 15.93
12/19/95 16.72 15.94
12/20/95 16.82 15.96
12/21/95 16.78 15.98
12/22/95 16.84 15.99
12/26/95 16.83 16.01
12/27/95 16.84 16.02
12/28/95 16.79 16.04
12/29/95 16.96 16.05
Source: USAI Portfolio Dept.
</TABLE>
15.92% 10.97% 7.63%
1 Year 5 Year 10 Year
AVERAGE ANNUAL TOTAL RETURNS AS OF 12/29/95
[UNITED The U.S. World Gold Fund makes it easy for
SERVICES you to build a diversified portfolio of
FUNDS world-class North American and Australian
LOGO] gold mining stocks.
100% Commission Free
1-800-557-2297 ext. 103
Call for a free prospectus containing more complete information, including fees
and expenses. Please read the prospectus carefully before investing. Like all
other mutual funds, Fund shares are not backed by the U.S. Government. Past
performance is no guarantee of future results. Investment return and principal
value will fluctuate. You may have a gain or a loss when you sell shares. INV115