<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This Financial Data Schedule contains summary financial information
extracted from the annual report for the period ended June 30, 2000, filed on
Form N-SAR and is qualified in its entirety by reference to such report.
</LEGEND>
<CIK> 000101507
<NAME> U.S. GLOBAL INVESTORS FUNDS
<SERIES>
<NAME> CHINA REGION OPPORTUNITY FUND
<NUMBER> 16
<MULTIPLIER> 1
<CURRENCY> US DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-START> JUL-01-1999
<PERIOD-END> JUN-30-2000
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 17523055
<INVESTMENTS-AT-VALUE> 21283808
<RECEIVABLES> 101514
<ASSETS-OTHER> 7589
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 21392911
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 120287
<TOTAL-LIABILITIES> 120287
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 32307104
<SHARES-COMMON-STOCK> 3482037
<SHARES-COMMON-PRIOR> 5224566
<ACCUMULATED-NII-CURRENT> (84141)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (14711079)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3760740
<NET-ASSETS> 21272624
<DIVIDEND-INCOME> 526012
<INTEREST-INCOME> 77017
<OTHER-INCOME> 608
<EXPENSES-NET> (693978)
<NET-INVESTMENT-INCOME> (90341)
<REALIZED-GAINS-CURRENT> (3753025)
<APPREC-INCREASE-CURRENT> 5299974
<NET-CHANGE-FROM-OPS> 1456608
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2662842
<NUMBER-OF-SHARES-REDEEMED> (4405371)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (7883589)
<ACCUMULATED-NII-PRIOR> 62826
<ACCUMULATED-GAINS-PRIOR> (10951620)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 280540
<INTEREST-EXPENSE> 280
<GROSS-EXPENSE> 694778
<AVERAGE-NET-ASSETS> 22428098
<PER-SHARE-NAV-BEGIN> 5.58
<PER-SHARE-NII> (.02)
<PER-SHARE-GAIN-APPREC> .55
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 6.11
<EXPENSE-RATIO> 3.10
</TABLE>
