WHEN IS THE BEST TIME TO INVEST IN STOCKS?
The Stock Market's 10 Year Climb
(CHART)
July 31st 87 To July 31st 97 , NAV - NAV Prices , Using Gross All
Reinvestment , Funds Are Based In U S Dollars , Calculation Used
Movements
S&P 500 (Composite) (NX) 2737.86
7/31/87 680.219203
8/31/87 705.599845
9/30/87 690.131416
10/31/87 541.50324
11/30/87 496.878008
12/31/87 534.677843
1/31/88 557.150857
2/29/88 583.004719
3/31/88 565.021754
4/30/88 571.270127
5/31/88 576.142782
6/30/88 602.563237
7/31/88 600.267524
8/31/88 579.928336
9/30/88 604.609473
10/31/88 621.432958
11/30/88 612.556005
12/31/88 623.233747
1/31/89 668.827294
2/28/89 652.202695
3/31/89 667.400309
4/30/89 702.016356
5/31/89 730.313241
6/30/89 726.20283
7/31/89 791.713584
8/31/89 807.139339
9/30/89 803.852866
10/31/89 785.211011
11/30/89 801.159324
12/31/89 820.371503
1/31/90 765.327204
2/28/90 775.167124
3/31/90 795.692476
4/30/90 775.871521
5/31/90 851.368943
6/30/90 845.629935
7/31/90 842.92786
8/31/90 766.828866
9/30/90 729.564326
10/31/90 726.479708
11/30/90 773.347211
12/31/90 794.868545
1/31/91 829.3982
2/28/91 888.639931
3/31/91 910.137512
4/30/91 912.301168
5/31/91 951.522658
6/30/91 907.963009
7/31/91 950.247024
8/31/91 972.69412
9/30/91 956.409968
10/31/91 969.239873
11/30/91 930.293474
12/31/91 1036.507876
1/31/92 1017.216121
2/29/92 1030.384524
3/31/92 1010.368525
4/30/92 1040.002089
5/31/92 1045.087419
6/30/92 1029.545115
7/31/92 1071.570393
8/31/92 1049.67977
9/30/92 1062.018924
10/31/92 1065.664066
11/30/92 1101.850558
12/31/92 1115.368529
1/31/93 1124.683978
2/28/93 1140.006845
3/31/93 1164.044767
4/30/93 1135.909427
5/31/93 1166.219956
6/30/93 1169.623872
7/31/93 1164.914551
8/31/93 1209.017671
9/30/93 1199.745811
10/31/93 1224.546938
11/30/93 1212.875544
12/31/93 1227.539111
1/31/94 1269.232473
2/28/94 1234.814293
3/31/94 1181.082862
4/30/94 1196.214391
5/31/94 1215.768829
6/30/94 1186.017751
7/31/94 1224.935058
8/31/94 1275.040638
9/30/94 1243.886656
10/31/94 1271.792053
11/30/94 1225.532576
12/31/94 1243.687678
1/31/95 1275.917959
2/28/95 1325.59365
3/31/95 1364.646909
4/30/95 1404.80066
5/31/95 1460.863182
6/30/95 1494.735805
7/31/95 1544.282277
8/31/95 1548.137096
9/30/95 1613.434404
10/31/95 1607.669944
11/30/95 1678.164115
12/31/95 1710.489912
1/31/96 1768.639368
2/29/96 1785.09324
3/31/96 1802.27997
4/30/96 1828.826906
5/31/96 1875.91119
6/30/96 1883.063073
7/31/96 1799.915511
8/31/96 1837.938821
9/30/96 1941.29066
10/31/96 1994.81172
11/30/96 2145.462752
12/31/96 2102.962658
1/31/97 2234.27499
2/28/97 2251.815977
3/31/97 2159.464778
4/30/97 2288.267794
5/31/97 2427.481652
6/30/97 2536.17285
7/31/97 2737.859714
Start now and don't stop. No one knows how the market will perform tomorrow,
next week or next year. And while no one can predict the future, history shows
there has been no better way to achieve consistent long-term growth than with an
investment in the U.S. stock market.
The U.S. All American Equity Fund gives you the opportunity to capitalize on the
growth and prosperity of America's leading companies, such as General Electric,
Coca-Cola, Microsoft, McDonalds and Disney. No matter the size of your
investment, you'll own a diversified portfolio of blue-chip stocks. And
professional portfolio managers and stock analysts will do all the work for you.
(page 2)
(GRAPHIC: Picture of an American flag waving in background)
Average Annual Returns
33.68% 16.67% 8.42%
1 year 5 year 10 year
as of 6/30/97
THE U.S. ALL AMERICAN EQUITY FUND...
* places the power of the stock market in your hands.
* seeks to generate returns which exceed the S&P 500 Index.
* invests in all-American companies you know and trust.
* makes it easy and affordable for you to own a portfolio of more than 100
blue-chip stocks.
Call U.S. Global Investors today to start investing in the
U.S. All American Equity Fund.
1-800-557-2297, ext. 214
---------------
www.usfunds.com
---------------
For more complete information about U.S. Global Investors' funds, including
charges and expenses, call 1-800-US-FUNDS or visit our Web site at
www.usfunds.com for a free prospectus. Read it carefully before you invest or
send money. Past performance is no guarantee of future results. Investment
return and principal value will vary and shares may be worth more or less at
redemption than at original purchase. The companies mentioned are representative
of the U.S. All American Equity Fund's holdings and may or may not be actual
holdings at the time of investment. STU327 (COMPANY LOGO)