[Graphics: 5 Stars]
3 Year Morningstar Rating*
ALL AMERICAN EQUITY FUND
[Graphics: Picture of American Flag]
<PAGE>
ALL AMERICAN EQUITY FUND
THE ALL AMERICAN EQUITY FUND
You might be surprised by what investing a little each month with our
ABC Investment Plan(R) can do for your future. The All American Equity Fund
invests in the stocks of leading American blue chip companies which demonstrate
strong earnings, maintain leading market positions and possess significant
growth potential. When you invest in the All American Equity Fund, you benefit
from professional money management, stock diversification and instant liquidity.
THE ABC'S OF BUILDING WEALTH
At U.S. Global Investors, we believe everyone should have the
opportunity to invest. That's why we created the easy and affordable ABC
Investment Plan(R). The plan enables you to Automatically Build Capital with a
low initial investment of $100 and regular minimum monthly investments of $30 or
more.
DO IT TODAY
With an investment of only $1 a day in the All American Equity Fund,
you invest in some of America's leading companies, such as Coca Cola, Microsoft,
Kodak and Boeing, which are currently in the portfolio. Only $1 a day--chances
are you won't even miss it. And it can really add up over time.
<PAGE>
MONTHLY INVESTING
With our ABC Investment Plan(R) the minimum investment is $30 per
month. But to maximize your opportunities for financial growth, invest as much
as you can afford on a monthly basis. The more you save now, the better off you
could be in the future. If you commit to investing $100 a month, in 30 years,
assuming a 12% annual rate of return, you could have almost $350,000.
DOLLAR COST AVERAGING
By investing the same dollar amount each month, you take advantage of
dollar cost averaging: you buy fewer shares when the market is high and more
when it's low. Dollar cost averaging does not guarantee that you will realize a
profit or protect against a loss. And, like any investment program, if you sell
when the market is low you may incur a loss. On the other hand, dollar cost
averaging is a proven method of reducing the chance that you buy all of your
shares at the top of the market. You don't have to try to "time the market"--
and the plan keeps you investing regularly.
GET STARTED
Our ABC Investment Plan(R) will get you investing. Simply complete the
enclosed application and return it in the postage-paid envelope. If you have
questions regarding the application, please call one of our Investor
Representatives toll-free at 1-800-US-FUNDS.
[Graphics: Pictures of Product Logos]
<PAGE>
o YES! I need to learn more about the benefits of the All
American Equity Fund. Please rush me a FREE investment guide
today.
o Please enclose an IRA investment guide.
Name____________________________________________________________________________
Address_________________________________________________________________________
City, State_____________________________________________________________________
Zip Code___________________________________________ [Graphics: USGI Logo]
Daytime Phone______________________________________
For immediate service,
call 1-800-557-2297, ext. 240. AA305
- --------------------------------------------------------------------------------
Give this card to a friend or relative who might want to learn more about the
All American Equity Fund. [Graphics: Background Picture of American Flag]
- --------------------------------------------------------------------------------
o YES! I need to learn more about the benefits of the All
American Equity Fund. Please rush me a FREE investment guide
today.
o Please enclose an IRA investment guide.
Name____________________________________________________________________________
Address_________________________________________________________________________
City, State_____________________________________________________________________
Zip Code___________________________________________ [Graphics: USGI Logo]
Daytime Phone______________________________________
For immediate service,
call 1-800-557-2297, ext. 240. AA305
<PAGE>
NO POSTAGE
NECESSARY
IF MAILED
IN THE
UNITED STATES
BUSINESS REPLY MAIL
FIRST-CLASS MAIL PERMIT NO.394 SAN ANTONIO TX
POSTAGE WILL BE PAID BY ADDRESSEE
US GLOBAL INVESTORS
PO BOX 781234
SAN ANTONIO TX 78278-9971
- --------------------------------------------------------------------------------
Call 1-800-557-2297,ext. 240. [Graphics: Background picture of American flag]
- --------------------------------------------------------------------------------
NO POSTAGE
NECESSARY
IF MAILED
IN THE
UNITED STATES
BUSINESS REPLY MAIL
FIRST-CLASS MAIL PERMIT NO.394 SAN ANTONIO TX
POSTAGE WILL BE PAID BY ADDRESSEE
US GLOBAL INVESTORS
PO BOX 781234
SAN ANTONIO TX 78278-9971
<PAGE>
U.S. GLOBAL INVESTORS, INC. is a registered investment advisor founded in 1968
and based in San Antonio, Texas. We manage 15 no-load mutual funds, ranging from
money market funds to diverse emerging market funds. We have thirty years'
experience managing money and serving shareholder needs.
[Graphics: USGI Logo]
FOR MORE COMPLETE INFORMATION ABOUT US GLOBAL INVESTORS' FUNDS, INCLUDING
CHARGES AND EXPENSES, CALL 1-800-US-FUNDS OR VISIT OUR WEB SITE AT
WWW.USFUNDS.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 loss when you sell
shares.
Morningstar uses a proprietary rating system to show historical, riskadjusted
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 Treasury 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 five,
four, and two stars out of 2454,1462 and 707 funds for the 3- year, 5-year, and
10-year periods ended 6/30/98, respectively.