UNITED SERVICES FUNDS
497, 1996-04-12
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     [GRAPHIC:  SAMPLE CHECK FROM MONEY MARKET MUTUAL FUND]

UNITED SERVICES MONEY MARKET MUTUAL FUNDS

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U.S. TREASURY
SECURITIES CASH FUND

     *    $1,000 initial investment   
     *    Free, unlimited checkwriting privileges
     *    Write checks for any amount
     *    Dividends paid daily
     *    24-hour automated account access
     *    Direct deposit available

                                  AS OF 3/19/96

                         4.06% -- 7-day current yield        
                         4.14% -- 7-day effective yield

U.S. GOVERNMENT 
SECURITIES SAVINGS FUND

     *    $1,000 initial investment
     *    Free checkwriting privileges
     *    Write checks for $500 or more
     *    Dividends paid daily
     *    24-hour automated account access          
     *    Direct deposit available

                                  AS OF 3/19/96

                         5.04% -- 7-day current yield
                         5.16% -- 7-day effective yield

Call 1-800-US-FUNDS 1-800-873-8637 for today's high yields.

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[GRAPHIC:  BACK OF BUSINESS REPLY CARD]

Yes! I would like to learn more about United  Services'  Government Money Market
Funds.  Please send me a free  investment kit including a prospectus  describing
fees and expenses. I will read the prospectus carefully before investing.


         NAME 
              ----------------------------------------------------

         ADDRESS
                 -------------------------------------------------        

         CITY, STATE, ZIP CODE
                               -----------------------------------

         DAYTIME PHONE
                       -------------------------------------------

FOR IMMEDIATE RESPONSE                               [GRAPHIC:  UNITED SERVICES 
CALL 1-800-557-2297, EXT. 125                         FUNDS LOGO]       

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Call 1-800-US-FUNDS
     1-800-873-8637
for today's high yields

(GRAPHIC:  PICTURE OF "GOVERNMENT MONEY MARKET FUNDS" PROSPECTUS WITH PAPER U.S.
CURRENCY SCREENED IN BACKGROUND]
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[GRAPHIC:  U.S. CURRENCY SCREENED IN BACKGROUND]

How can a money market fund help you?

     *    As a parking place between transactions
     *    As a savings account
     *    As a cash management tool

Past  performance  is no  guarantee of future  results.  The Advisor of the U.S.
Government  Securities Savings 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. The Fund's Advisor subsidized certain
Fund expenses,  enhancing the yield (or total return) by approximately 0.10%. In
accordance with SEC guidelines,  capital gains or losses are excluded from yield
calculations.  For a  free  prospectus  containing  more  complete  information,
including charges and expenses, call 1-800-US-FUNDS.  Please read the prospectus
carefully before investing.  Money market funds are not sponsored nor guaranteed
by the U.S. government, not deposits of nor endorsed by any bank, not insured by
the FDIC nor any other agency. The Funds are managed to maintain a stable $1 per
share value; however, there is no assurance it will be able to do so.

[GRAPHIC:  FRONT OF BUSINESS REPLY CARD]

                                                                     No Postage
                                                                      Necessary
                                                                     if mailed
                                                                       in the
                                                                   United States

          ----------------------------------------------
          BUSINESS REPLY MAIL
          FIRST-CLASS MAIL PERMIT NO. 394 SAN ANTONIO TX
          ----------------------------------------------
               POSTAGE WILL BE PAID BY ADDRESSEE

                    
                    UNITED SERVICES FUNDS
                    PO BOX 781234
                    SAN ANTONIO TX 78278-9971



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