UNITED SERVICES FUNDS
497, 1996-11-25
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                        Attention California Residents!
                       With our money market fund you can

                               -----------------
                                 Maximize Yield
                               & Minimize Taxes.
                               -----------------

California  residents earn more in the U.S. Government  Securities Savings Fund.
According  to  Lipper  Analytical  Services,  the  Fund is the  highest-yielding
government  money  market fund in America for five years.  This  #1-ranked  fund
invests  exclusively in high-quality  U.S.  government  securities which provide
state-tax  exempt  income.  Since  you  won't  have to pay  state  taxes on your
dividend income, you'll earn even more.

- ---------------------------                  --------------------------- 
    Current Yield                                   California                  
                                               Tax-Equivalent Yield       
===========================                  ===========================       
       +5.28%                                           +5.82% 
 with dividends reinvested                    with dividends reinvested
                                                                              
       +5.15%                                           +5.68%                 
with dividends paid in cash                  with dividends paid in cash 
- ---------------------------                  --------------------------- 

                         Call 1-800-557-2297, ext. 163
                 now to start getting your dividend tax break!

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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.  U.S. stands for
United Services.  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 $1.00 per share  value,  though there is no
assurance that it will be able to do so. Lipper  Analytical  Services ranked the
Fund #1 out of 71 government  money market funds for the five-year  period ended
9/30/96.  Performance  figures are as of 11/8/96 and are based on a marginal tax
rate of 9.3%.

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Attention California Residents!

The U.S. Government Securities Savings Fund can

help you maximize yield and minimize taxes.

Ranked #1 by Lipper for 5-year performance.

Call 1-800-US-FUNDS or 1-800-873-8637 today

to start making the most of your investments!



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