AD NO. 1
[PAGE ONE OF AD]
[GRAPHIC: SMALL OVAL "PEEP HOLE" SHOWING ART BONNEL'S EYES]
Who is Art Bonnel?
Keep your eyes peeled for
United Services' all-star fund manager.
"The financial world's most
sought-after free agent in 1994."
Louis Rukeyser, LOUIS RUKEYSER'S
MUTUAL FUNDS, March 1995
[PAGE TWO OF AD]
* Portfolio Manager: Art Bonnel
* 25 Years of Investment
Management Experience
* Inception Date: 10/17/94 * No load
One Of Mutual
Funds Magazine's
Top Ten Funds
For 1996**
BONNEL
GROWTH
FUND
44.83%*
TOTAL RETURN SINCE INCEPTION
[GRAPHIC: UNITED SERVICES FUNDS LOGO WITH FULL-LENGTH PICTURE OF ART BONNEL
ABOVE LOGO.]
Call 1-800-4-BONNELL
Look under the United Services listing.
*Returns 10/17/94 through 10/17/95. Past performance does not guarantee future
results. Investment returns and principal value will fluctuate. You may have a
gain or a loss when you sell shares. For more information, including charges and
expenses, call 1-800-4-BONNEL. Please read the prospectus carefully before
investing. **December 1995
