<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This Financial Data Schedule contains summary financial information
extracted from the annual report filed on Form N-SAR and is qualified
in its entirety by reference to such annual report on Form N-SAR.
</LEGEND>
<CIK> 0000902042
<NAME> U.S. GLOBAL ACCOLADE FUNDS
<SERIES>
<NAME> BONNEL GROWTH FUND
<NUMBER> 1
<MULTIPLIER> 1
<CURRENCY> US DOLLARS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> OCT-31-2000
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 188925235
<INVESTMENTS-AT-VALUE> 219823837
<RECEIVABLES> 3299017
<ASSETS-OTHER> 3740
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<TOTAL-ASSETS> 223126594
<PAYABLE-FOR-SECURITIES> 10344121
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<OTHER-ITEMS-LIABILITIES> 501870
<TOTAL-LIABILITIES> 10845991
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<SHARES-COMMON-PRIOR> 5321114
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<ACCUMULATED-NET-GAINS> 44995750
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 30898602
<NET-ASSETS> 212280603
<DIVIDEND-INCOME> 443748
<INTEREST-INCOME> 593791
<OTHER-INCOME> 71052
<EXPENSES-NET> (3885254)
<NET-INVESTMENT-INCOME> (2776663)
<REALIZED-GAINS-CURRENT> 48067335
<APPREC-INCREASE-CURRENT> (1016918)
<NET-CHANGE-FROM-OPS> 44273754
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (24785515)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5943908
<NUMBER-OF-SHARES-REDEEMED> (4925109)
<SHARES-REINVESTED> 978370
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<ACCUMULATED-NII-PRIOR> 0
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<PER-SHARE-NAV-BEGIN> 25.17
<PER-SHARE-NII> (.38)
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<PER-SHARE-DISTRIBUTIONS> (3.75)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 29.01
<EXPENSE-RATIO> 1.54
</TABLE>
