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EXPLORE NEW HEIGHTS IN THE BONNEL GROWTH FUND
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(Graphics: chart like a mountain with a man climbing it)
Growth of a $10,000 investment.
October 17, 1997 to June 30, 1997
10/17/94 $10,000.00
10/31/94 $10,010.00
11/30/94 $10,030.00
12/31/94 $10,090.00
01/31/95 $9,859.31
02/28/95 $10,491.19
03/31/95 $10,942.53
04/30/95 $11,423.97
05/31/95 $11,594.47
06/30/95 $12,677.69
07/31/95 $14,121.99
08/31/95 $14,252.38
09/30/95 $14,874.22
10/31/95 $14,523.18
11/30/95 $14,804.02
12/31/95 $14,653.02
01/31/96 $14,442.94
02/29/96 $15,031.16
03/31/96 $15,734.93
04/30/96 $17,604.63
05/31/96 $19,085.69
06/30/96 $17,552.11
07/31/96 $15,734.93
08/31/96 $16,564.74
09/30/96 $18,014.29
10/31/96 $17,909.25
11/30/96 $18,746.40
12/31/96 $18,746.40
01/31/97 $18,884.24
02/28/97 $17,219.54
03/31/97 $16,318.27
04/30/97 $16,593.95
05/31/97 $18,470.71
06/30/97 $19,446.21
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From the start, the Bonnel Growth Fund has demonstrated superior growth
potential. When will you take advantage of this growth opportunity?
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(Graphics: Clouds in background and showing Art Bonnel standing)
THE BONNEL
GROWTH FUND
Average Annual Returns as of 7/31/97
35.92% 31.42%
1 year Inception (10/17/94)
The Bonnel Growth Fund seeks long-term growth of capital by investing in a
portfolio of dynamic companies which fund manager Art Bonnel believes offers the
best growth prospects in the stock market.
Call U.S. Global Investors to capture the growth potential of the Bonnel Growth
Fund.
* No load Experienced portfolio manager
* No minimum for IRAs
* $5,000 initial investment
* Start with just $1,000 if you use the ABC Investment Plan (R) to make
monthly investments of $100 or more
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1-800-557-2297, ext. 636
www.usfunds.com
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For more complete information about U.S. Global Investors' funds, including
charges and expenses, call 1-800-US-FUNDS or visit our Web site at
www.usfunds.com for a free prospectus. Read it carefully before you invest or
send money. Past performance is no guarantee of future results. Investment
returns and principal will fluctuate so that you may have a gain or loss when
you sell shares.
(company logo)
STU328
