FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1. Name and address of issuer:
U.S. Global Investor Funds 7900 Callaghan
Road, San Antonio, Texas 78229
2. Name of each series of funds for which this notice
is (If the form is being filed for all series and
classes of securities of the issuer, check the box
but do not list series or classes):
X
3. Investment Company Act File Number: 811-1800
Securities Act File Number:
02-35439
4(a). Last day of fiscal year for which this notice
is filed:
June 30, 1999
4(b). Check box if this notice is being filed late.
4(c). Check this box if this is the last time the issuer will be filing
this Form.
5. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the fiscal year
pursuant to section 24f-2: $5,852,733,427
(ii) Aggregate price of securities redeemed or repurchased
during the fiscal year: $5,847,866,085
(iii) Aggregate price of securities redeemed or repurchased during
any prior fiscal year ending no earlier than October 11, 1995
that were not previously used to reduce registration fees payable
to the Commission: $ 0
(iv) Total available redemption credits.
[add Items 5(ii) and 5(iii)]: $5,847,866,085
(v) Net Sales - If Item 5(i) is greater than
Item 5(iv)
[subtract Item 5(iv) from Item 5(i)]: $4,867,342
(vi) Redemption credits available for use in
future years $0
- If Item 5(i) is less than 5(iv)
[subtract Item 5(iv) from Item 5(i)]:
(vii) Multiplier for determining registration
fee (See Instruction C.9): .000278
(viii) Registration fee due [multiply Item 5(v)
by Item 5(vii)]
(enter "0" if no fee is due): $1,353
6. Prepaid Shares
If the response to Item 5(i) was determined by deducting
an amount of securities that were registered under the
Securities Act of 1933 pursuant to rule 24e-2 as in
effect before October 11, 1997, then report the amount of
securities (number of shares or other units)
deducted here:___________If there is a number of shares
or other units that were registered pursuant to rule 24e-2
remaining unsold at the end of the fiscal year for which this
form is filed that are available for use by the issuer in
future fiscal years, then state that number here:
_____________.
7. Interest due-- if this Form is being filed more than 90
days after the end of the issuer's fiscal year (see Instruction D): = N/A
8. Total of the amount of registration fee due plus any interest due
[line 5(viii) plus line 7] = $1,353
9. Date the registration fee and any interest payment was sent to
the Commission's lockbox depository: 9/22/99
Method of Delivery:
Wire Transfer X
Mail or other means
SIGNATURES
This report has been signed below by the following persons on behalf
of the issuer and in the capacities and on the dates indicated.
By (Signature and Title) \s\ Susan McGee
President & General Counsel
Date: 9/22/99
