U.S. GLOBAL ACCOLADE FUNDS
BONNEL GROWTH FUND
MEGATRENDS FUND
REGENT EASTERN EUROPEAN FUND
SUPPLEMENT DATED JUNE 29, 1999, TO
PROSPECTUSES DATED MARCH 1, 1999
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REDEMPTIONS BY THE FUND OF CERTAIN ACCOUNTS
Delete the REDEMPTIONS BY THE FUND OF CERTAIN ACCOUNTS paragraph and replace
with the following:
ACCOUNT MINIMUMS
To reduce its expenses, the Fund may redeem the shares in your account if
your balance drops below $5000 for any reason other than share value
decline. The Fund also may deduct a monthly $5 minimum balance fee (or the
value of the account if less than $5) from such accounts. Active ABC
Investment Plan(R) accounts, retirement accounts and custo dial accounts
for minors are not subject to these involuntary redemptions and balance fee
policies.
You will receive 30-day written notice before the Fund under takes any
involuntary redemption. During that time, you may buy more shares to bring
your account above the minimum.
(See page 16 in the Bonnel Growth Fund prospectus, page 18 in the MegaTrends
prospectus, and page 26 in the Regent Eastern European Fund prospectus.)
