From: Chris Smith
To: JCS,CENTRAL.PME
Date: 1/15/97 2:01pm
Subject: U.S. Global Investors Funds post year-end gains
Thank you for your interest in the U.S. Global Investors funds.
(http://www.usfunds.com).
Year-end performance for several of the U.S. Global Investors funds was
outstanding in 1996. We believe our strategy of searching globally to bring you
the most sophisticated, most promising investments will continue to pay off in
1997.
Average Annual Total Returns
since
inception
Fund 1 yr 5 yr 10yr (inception date)
---- ---- ---- ---- ----------------
U.S. Global Resources Fund 34.11% 8.75% 6.08% (7/1/74)
U.S. World Gold Fund 19.52% 15.79% 6.05% (8/3/83)
U.S. Real Estate Fund 31.56% 7.72% N/A 6.95% (7/2/87)
Bonnel Growth Fund 27.93% N/A N/A 33.02% (10/17/94)
China Region Opportunity Fund 27.85% N/A N/A -7.57% (2/10/94)
U.S. All American Equity Fund 22.28% 11.98% 8.46% (3/4/81)
And once again, Lipper Analytical Services has awarded the U.S. Government
Securities Savings Fund a Number 1 ranking for 5-year performance for the period
ended 12/31/96. Call us or visit our Web site today to learn how this
high-yielding fund can serve your investment AND cash management needs.
- ----------
For more information, including charges and expenses, please call 1-800-US-FUNDS
or visit our Web site at www.usfunds.com. Total return figures are as of
12/31/96 and include reinvestment of dividends. Past performance is no guarantee
of future results; your returns and investment principal will fluctuate. You
could have a gain or a loss when you sell shares. Please read the prospectus
before you invest. Investing in gold funds and emerging market funds have
special risks which are discussed in detail in the prospectus. U.S. stands for
United Services. Lipper Analytical Services ranked the U.S. Government
Securities Savings Fund #1 and #5 for 5-year and 1-year performance out of 115
and 78 government money market funds.
