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(FRONT OF STUFFER)
[GRAPHIC: PHOTOGRAPH OF SKIER SUPER PERFORMANCE
JUMPING OFF HIGH JUMP] ----------------------
+35.85%
1 Year
+7.03%
5 Years
+7.10%
Since Inception 7/2/87
Average Annual Returns
as of 1/23/97
----------------------
(INSIDE OF STUFFER)
SUPERIOR PERFORMANCE
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IRA Approved
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Real estate is an enduring investment which provides the opportunity for a
stream of income and capital appreciation. The U.S. Real Estate Fund offers you
the advantages and opportunities of the real estate market in a no-load, highly
liquid investment.
For growth and income potential which can rival that of
growth stock funds, call for more information on our professionally-managed Fund
today.
1-800-557-2297, ext. 175
U.S. REAL ESTATE FUND
(BACK OF STUFFER)
[GRAPHIC: U.S. GLOBAL INVESTORS, INC. LOGO]
As of 1/23/97. For a free Fact Kit 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.
Investment returns and principal will fluctuate. You may have a gain or loss
when you sell shares.
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