U S GLOBAL ACCOLADE FUNDS
497, 1998-01-20
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(page 1)

(graphics: face picture     ---------------------      (graphics: face picture
 of Dr. Stephen Leeb)       Two New Opportunities        of Adrian Day)
                            ---------------------
Dr. Stephen Leeb's          Thousands of              Adrian Days's Global
MegaTrends Fund.            Investors Follow            Opportunity Fund.
                            Their Advice.

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   TWO RENOWNED EDITORS:
   TWO NEW OPPORTUNITIES
- --------------------------------------------------------------------------------
   Dr. Stephen Leeb
- --------------------------------------------------------------------------------
DR. LEEB holds a B.S. in economics from the Wharton School of Business,  an M.A.
and a Ph.D.  in psychology  and an M.A. in  mathematics  from the  University of
Illinois.  He  is  the  editor  of  PERSONAL  FINANCE,  an  esteemed  investment
newsletter,  and  THE  BIG  PICTURE,  one  of  the  nation's  top  market-timing
newsletters.  Author of GETTING IN ON THE GROUND FLOOR and MARKET TIMING FOR THE
NINETIES,  Dr.  Leeb has made  appearances  on Wall  Street  Week,  The  Nightly
Business Report, CNN and CNBC.

With an Investment in DR. LEEB'S MEGATRENDS FUND you
         o         Diversify your portfolio assets easily and affordably.
         o         Protect your assets against a market downturn.
         o         Save money with our no-load value.
         o         Take advantage of seasoned financial advisor Stephen Leeb's
                   expert knowledge of market timing.
- --------------------------------------------------------------------------------
   Adrian Day
- --------------------------------------------------------------------------------
ADRIAN DAY is an honors  graduate of the London School of Economics,  a renowned
financial  writer and president of an advisory firm managing  private  portfolio
accounts.  He is the editor of ADRIAN  DAY'S  INVESTMENT  ANALYST,  has  written
INVESTING WITHOUT BORDERS AND INTERNATIONAL  INVESTMENT  OPPORTUNITIES:  HOW AND
WHERE TO INVEST OVERSEAS SUCCESSFULLY,  and has been featured in and has written
for many prestigious publications. He has appeared on CNN, CNBC, and the BBC.

With an Investment in the ADRIAN DAY GLOBAL OPPORTUNITY FUND you
         o         Increase your potential for higher returns.
         o         Add blue chip stability and global opportunity to
                   your portfolio.
         o         Save money with our no-load value.
         o         Invest easily and affordably with U.S. Global Investors.

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                            CALL TODAY:

                       1-800-557-2297, ext.232

        for a free prospectus and Fund guide.  Start with an investment of
     $5000 or use our ABC Plan(R) with $1000 to start and monthly investments
                    of $100 or more.  Visit us on the Web:
                         WWW.US-GLOBAL.COM


     (graphics: a circle with the word "FREE" written in the middle 
       and the words "save with a Lifetime IRA" around it)


The investment guide and prospectus contain more complete information  including
fees and expenses.  Please read the  prospectus  carefully  before you invest or
send money. MLR475


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U.S.  GLOBAL  INVESTORS is a registered  investment  advisor founded in 1968 and
headquartered  in San  Antonio,  Texas. 

   o      We  offer  15  funds to suit all your investment  needs, from emerging
          markets to tax- free bonds.  
   o      Save with our no-load value.
   o      Our sophisticated investment specialists make your money work for you.


                         (company logo)



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