Introduction to Frank Holmes and U.S. Global Investors

Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio. The company manages domestic and offshore funds that specialize in the natural resources and emerging markets sectors. Some of the company’s no-load mutual funds include the Global Resources Fund, the World Precious Minerals Fund, and the Gold Shares Fund.

About the Funds

These funds are designed to provide investors with opportunities to invest in various sectors, including natural resources and emerging markets. It’s essential to carefully consider the fund’s investment objectives, risks, charges, and expenses before investing. Investors can obtain a fund prospectus by visiting the company’s website or by calling 1-800-US-FUNDS. It’s crucial to read the prospectus carefully before making any investment decisions.

Investment Risks and Considerations

All opinions expressed and data provided are subject to change without notice, and some opinions may not be suitable for every investor. Foreign and emerging market investing involves special risks, such as currency fluctuation and less public disclosure, as well as economic and political risks. Investors should be aware of these risks and consider them carefully before making any investment decisions.

Benchmark Indices

The S&P/TSX Global Gold Index and the FTSE Gold Mines Index Series are international benchmarks that track the world’s leading gold companies. These indices provide an investable representative index of publicly-traded international gold companies and encompass all gold mining companies that have a sustainable and attributable gold production of at least 300,000 ounces a year.

Fund Holdings

As of June 30, 2007, some of the fund holdings as a percentage of net assets include Jiangxi Copper, Silvercorp Metals Inc., Gold Fields Ltd., Sino Gold Mining Ltd., and Anglogold Ashanti. These holdings are subject to change and may not reflect the current holdings of the funds.

Conclusion

In conclusion, Frank Holmes and U.S. Global Investors offer a range of investment opportunities in the natural resources and emerging markets sectors. Investors should carefully consider the fund’s investment objectives, risks, charges, and expenses before making any investment decisions. By understanding the funds’ holdings, benchmark indices, and potential risks, investors can make informed decisions that align with their investment goals and risk tolerance.