UNITED SERVICES FUNDS
497, 1996-09-03
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ISN'T IT TIME YOU EARNED MORE?

U.S. Government  Securities Savings Fund-
Lipper's #1 Government  Money Market Fund

[GRAPHIC:  Photograph of 1995 Performance Achievement Certificate issued to U.S.
Government Savings Fund by Lipper Analytical Services, Inc.] 

#1
Did you know Lipper ranks the U.S.  Government  Securities Savings Fund #1 among
all U.S. government money market funds for the past five years?

Don't settle for less.  Start earning more today.
Call for a free investment kit.

1-800-557-2297, ext. 142

                             ---------------------
                                     5.31%
                             7-Day Effective Yield
                             ---------------------
                             ---------------------
                                     5.18%
                              7-Day Current Yield
                             ---------------------
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[GRAPHIC:  U.S. FAMILY OF FUNDS LOGO]

Yield percentages as of 8/15/96. The U.S. Government Securities Savings Fund was
ranked #1 out of 69 government money market funds by Lipper Analytical Services.
The fund was ranked #6 out of 110 for the one-year period ending 12/31/95.  Like
all other mutual funds, Fund shares are not backed by the U.S. Government or its
agencies;  however,  the  securities  it invests in are.  The Fund is managed to
maintain a stable $1 per share value; however,  there is no assurance it will be
able to do so.  For a free  prospectus  containing  more  complete  information,
including charges and expenses, call 1-800-US-FUNDS.  Please read the prospectus
carefully before investing.  Past performance is no guarantee of future results.
The  Advisor of the Fund has  guaranteed  total fund  operating  expenses  (as a
percentage  of net assets)  will not exceed 0.40% until  6/30/97,  or until such
later date as the Advisor determines. In accordance with SEC guidelines, capital
gains or losses are excluded from yield calculations.
                                                                          LIP380
P.O. BOX 781234, SAN ANTONIO, TEXAS  78278-1234 1-800-US-FUNDS


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