[FRONT OF FLYER]
ICFP RETREAT '96 WORKSHOPS
"MARKET INSIGHTS FROM A GROWTH STOCK PICKER"
Thursday, July 11
4:30 - 5:25 Art Bonnel "Market Insights
from a Growth Stock Picker"
5:30 - 6:25 Art Bonnel "Market Insights
from a Growth Stock Picker"
THE BONNEL GROWTH FUND
61.75% 48.13%
-------- ---------------
One Year Since Inception
-----------------------------------
Average Total Returns As Of 6/03/96
Arthur Bonnel, manager of United Services' Bonnel Growth Fund, will be
presenting two workshops on "Market Insights From a Growth Stock Picker" at the
ICFP Retreat '96. If his no-load mutual fund is performing this well, then you
may be interested in his thoughts on the market.
* INTEREST RATES - Where are they headed and what effect they will have on
the markets?
* BABY BOOMER - What influence have they had on the equities rise?
* INVESTING FOR LONG-TERM GROWTH - WHAT TO LOOK FOR AND HOW. Focus will be on
earnings growth, price/earnings ratio, price/sales ratio, stock momentum,
balance sheet strength, corporate competition and management ownership.
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.
[REVERSE OF FLYER]
"MARKET INSIGHTS FROM A GROWTH STOCK PICKER"
[GRAPHIC: Full-length photograph of Art Bonnel]
Art Bonnel, Portfolio Manager Bonnel Growth Fund
