(graphics: horizontal stripes)
SUPERIOR * * *
ALL AMERICAN * (graphics: a star *
in the background
in a circle the words
"Save with a
-------------
FREE
-------------
lifetime IRA")
PERFORMANCE * * *
-------------- -------------- -------------
30.30% 16.78% 11.30%
.............. .............. .............
1 year 5 year 10 year
-------------- -------------- -------------
as of 12/31/97
* * * *
4 STAR MORNINGSTAR RATING
Invest in America's best and biggest with U.S. Global Investors' All American
Equity Fund. The Fund invests in all-American companies you know and trust.
Companies with proven track records and consistent returns.
(company logo)
PUT YOUR TRUST IN
AMERICA BY CALLING
1-800-557-2297, EXT. 233
Free lifetime IRA applies to accounts with initial investments of $10,000 or
more.
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.us-global.com for a free prospectus. Read it carefully before you invest or
send money. Past performance is no guarantee of future results. Investment
returns and principle will fluctuate so that you may have a gain or a loss when
you sell shares.
Morningstar uses a proprietary rating system to show historical, risk-adjusted
performance. These ratings may change monthly and are calculated from the funds'
one-, three-, five-, and ten-year (when available) average annual returns in
excess of 90-day Treasury bill returns, with an appropriate adjustment for fees
and expenses and with a risk factor reflecting the funds' performance below
90-day T-bill returns. The one-year ranking is calculated using the same
methodology but is not a component of the overall ranking. Morningstar awards
five stars to funds in the top 10% of their category, four stars to funds in the
next 22.5%, three stars to the next 35%, two stars to the next 22.5%, and one
star in the bottom 10%. Morningstar awarded the All American Equity Fund 2, 4, 3
and 1 stars out of 2143, 2143, 1187 and 638 domestic equity funds for the 1,3,5,
and 10 year periods ended 9/30/97. B&B025