(four fold insert that is printed in red, white, and black)
================================================================================
(front page: grey circle prism in screened background)
Special Supplement to Phillips Publishing
-----------------------------------------
CHINA
REGION OPPORTUNITY FUND
- --------------------------------------------------------------------------------
A SPECIAL INVESTMENT UPDATE FOR SUBSCRIBERS OF MUTUAL FUND INVESTING
|--------------|
|Dear Investor,|
|--------------|
It's time to explore the CHINA REGION.
As the most populated country on earth awakens to the calls of capitalism, a
dynamic new economic energy emerges from the China region. Construction,
development and economic activity are accelerating. Incomes and expectations are
rising. Entrepreneurism is thriving. Market volatility and risk abound, yet the
opportunity is too great to ignore. Now is the time for visionary investors to
build a position in China.
--------------------------------------
"The China Region Opportunity Fund
invests in the region I believe has
the most long-term growth potential
of any part of the world. No economy
has so bright a future for growth and
expansion."
Bin Shi, portfolio manager
----------------------------------------
Why China
NOW?
China presents a rare opportunity for investors in the form of above average
return potential.
Over the past decade, growth rates in China have been two and three times those
of the United States and Europe.
Economic growth is supported For the one-year period ended 3/31/97:
by a dynamic private sector --------------------------------------------
and a high savings rate. The China Region Opportunity Fund has earned
Lipper's #1 ranking among Asia exJapan funds
China has the potential to be the
world's largest consumer market. (five stars)
...and a 5-star rating from Morningstar.
Now that the Chinese have --------------------------------------------
witnessed the powerful images (cont'd. on back)
of Western wealth, the tide of
change is not likely to be turned back.
Lipper Analytical Services ranked the Fund #1 out of 62 Asia ex Japan funds for
the one-year period ended 3/31/97. Morningstar uses a proprietary rating system
to show historical, risk-adjusted performance. These ratings may change monthly
and are calculated from the funds' one-, three-, five- and ten-year (when
available) average annual returns in excess of 90-day Treasury bill returns,
with an appropriate adjustment for fees and expenses and with a risk factor
reflecting the funds' performance below 90-day T-bill returns. The one-year
ranking is calculated using the same methodology but is not a component of the
overall ranking. Morningstar awards five stars to funds in the top 10% of their
category, four stars to funds in the next 22.5%, three stars to the next 35%,
two stars to the next 22.5% and one star to funds in the bottom 10%. Morningstar
awarded the Fund 5 and 2 stars out of 939 and 478 international equity funds for
the 1- and 3-year periods ended 3/31/97. Past performance is no guarantee of
future results. Investment returns and principal will fluctuate so you may have
a gain or loss when you sell shares.
- --------------------------------------------------------------------------------
(tear off portion of the back of a post card)
[X] YES! I need to learn more about the benefits of
the China Region Opportunity Fund. Please RUSH me a
FREE investment guide and prospectus today.
- ----------------------------------------------------- |
[ ] Please enclose an IRA investment guide. |
| (company logo)
|
Name ................................................ | FOR IMMEDIATE
| RESPONSE CALL
Address ............................................. | 1-800-557-2297,
| EXT. 205
City, State, Zip Code................................ |
|
Daytime Phone .................................CHI271 |
|
================================================================================
<PAGE>
(back page: screened grey chinese lantern and the word "China")
Invest in the CHINA REGION OPPORTUNITY FUND.
U.S. Global Investors gives you the unprecedented opportunity to take part in
the the extraordinary growth potential of the China Region. To manage your money
in this highly specialized sector, we employ sophisticated investment
specialists with professional financial experience in China.
The China Region Opportunity Fund ------------------------------------
seeks maximum capital appreciation | OUR FUND HAS BEEN FEATURED IN:
by investing in stocks of companies |
of the People's Republic of China | Mutual Fund Investing
and its neighboring countries. Of course, | Louis Rukeyser's Mutual Funds
investing in emerging markets entails | Investor's Business Daily
special currency, business and political | Donoghue
risks. Yet the opportunities in China | Mutual Fund Magazine
are too great to ignore. Those investors | No-Load Fund Investor
comfortable with the inherent risks of | Mutual Fund Investing
investing globally can, in my opinion, | Fabian Premium Investment Resource
expect the opportunity for excellent |-----------------------------------
long-term capital growth.
I urge you to fill out the attached reply card today or call an investor
representative at 1-800-557-2297, ext. 205 to request an investment guide. I
believe you will find the benefits of the Fund well worth the commitment of your
hard-earned money.
Sincerely yours,
/S/FRANK HOLMES
Frank E. Holmes
Chairman & CEO ---------------------------------------------------
U.S. Global Investors CHINA REGION OPPORTUNITY FUND
Investment Goal: long-term capital appreciation
Risk Profile: Low |(color temperature gauge) High
Sales Charge: none
Portfolio Manager: Bin Shi, a native of Shanghai
Investment Advisor: U.S. Global Investors, Inc.
---------------------------------------------------
- -----------------------------------------
U.S. Global Investors is a unique,
entrepreneurial and dynamic investment
company where the adventurous discover
a diverse collection of investment TAKE ACTION NOW!
opportunities from around the globe. From
our headquarters in San Antonio, we've
helped investors since 1968. Today we
manage approximately $1.5 billion in
120,000 shareholder accounts.
- -----------------------------------------
------------------------------------------------------------
| |||||||||||
|
| -------------------
| NO POSTAGE
| NECESSARY IF MAILED
| IN THE UNITED STATES
| -------------------
(company logo) |
|
www.usfunds.com | ---------------------------------------------
| BUSINESS REPLY MAIL
| FIRST-CLASS MAIL PERMIT NO. 394 SAN ANTONIO TX
| ----------------------------------------------
| POSTAGE WILL BE PAID BY ADDRESSEE
|
|
| U.S. GLOBAL INVESTORS
| PO BOX 781234
| SAN ANTONIO TX 78278-9971
|
| ||.||.|.|.||.||.|.|.|
================================================================================
