UNITED SERVICES FUNDS
497, 1997-01-14
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                                 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.



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