GLOBAL GROWTH
IN NATURAL RESOURCES
-------- ---------- ---------
+33.70% +9.31% +5.68%
ONE YEAR FIVE YEARS TEN YEARS
-------- ---------- ---------
AVERAGE ANNUAL TOTAL RETURNS AS OF 1/8/97
[GRAPHIC: U.S. GLOBAL INVESTORS, INC. LOGO; bottom right-hand side]
U.S. GLOBAL RESOURCES FUND
Unprecedented growth in economies globally is fueling an intense increase in
worldwide consumption of energy, metals and other raw materials. To maximize
this opportunity for global growth invest with our specialists in natural
resources.
TAKE ACTION NOW. CALL 1-800-873-3639 OR VISIT OUR SITE AT WWW.USFUNDS.COM.
- ----------
For more complete information, including charges and expenses, call
1-800-873-3639. Please read the prospectus carefully before investing. Past
performance is no guarantee of future results. Investment return and principal
value will fluctuate. You may have a gain or a loss when you sell shares. U.S.
stands for United Services.