[GRAPHIC: United Services Advisors, Inc. Letterhead]
NEWS RELEASE
For additional information: Johanna Thornblad Stephanie Linkous
V.P. Communications Asst. V.P. Communications
USAI USAI
(210) 308-1237 (210) 308-1214
For Immediate Release:
BONNEL GROWTH FUND PAYS OUT EARLY CHRISTMAS GIFT
San Antonio, Texas -- December 4, 1995. United Services Advisors, Inc. (USAI)
announces that the Bonnel Growth Fund will pay a short-term capital gains
dividend estimated to be approximately $.70 per share to shareholders of record
as of December 14, 1995. The realized capital gains are a direct result of the
Fund's outstanding one-year return of 44.83%.
The early payment will allow investors to buy into the Bonnel Growth Fund during
the latter part of December, historically a very profitable time of the year,
without paying taxes on gains they did not actually receive throughout the rest
of year. According to the Stock Traders Almanac, investors can take advantage of
a market that, since 1952, has often delivered an average gain of 1.68% during
the last five days of December and first two days of January. The payment will
also allow current shareholders to proceed with their year-end investment and
tax planning strategies.
The gains will be taxed as ordinary income, as according to IRS regulations,
securities must be held for over one year to be considered long-term capital
gains and taxed as such.
Record date: December 14
Ex-dividend date: December 15
Payable date: December 15
United Services Advisors, Inc. is a public company based in San Antonio, Texas.
It manages United Services Funds and the Bonnel Growth Fund and administers the
Pauze/Swanson United Services Funds. The Company's stock is traded in the NASDAQ
Stock Market. (Symbol USVSP)
Returns 10/17/94 through 10/17/95. Investment returns and principal value will
fluctuate so that you may have a gain or a loss when you sell shares.
Seventy-one percent rally in last 5 days and first 2 days of year.
Past performance is no guarantee of future results.
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