REGENT Ranked # [Graphic: Large #1]
EASTERN
EUROPEAN
FUND
for the year 3/31/97 - 3/31/98
According to Lipper Analytical Services
1Year +15.08%
Ranked first out of 154 other funds
in the emerging market category.
Call
1-800-US-FUNDS
1-800-873-8637
[Graphic: U.S. Global Investors Logo]
to receive investment
literature and a prospectus.
WWW.usfunds.com
Investing in emerging markets carries special risks which are described
in the Regent Eastern European prospectus. For more information,
including fees and expenses, call an Institutional Marketing
Representative at 1-800-873-3639. Please read the prospectus carefully
before investing.
The total return set forth above is from the Fund's inception of
3/31/97. Past performance is no guarantee of future results. Investment
returns and principal value may vary, and you may have a gain or loss when
you sell shares. IBD195