Frank Holmes serves as the CEO and Chief Investment Officer at U.S. Global Investors, Inc., a specialized investment advisory firm located in San Antonio. This boutique firm focuses on managing both domestic and offshore funds that primarily target sectors such as natural resources and emerging markets. Among the company’s no-load mutual funds are the Global Resources Fund (PSPFX), World Precious Minerals Fund (UNWPX), and the Gold Shares Fund (USERX).
Before committing to any investment, it is crucial to carefully consider the fund’s objectives, associated risks, charges, and fees. For complete and essential information, investors should obtain the fund prospectus, available by visiting www.usfunds.com or by calling 1-800-US-FUNDS (1-800-873-8637). It is advisable to read the prospectus thoroughly before making any investment decisions. The distribution of these funds is managed by U.S. Global Brokerage, Inc.
It’s essential to note that all opinions expressed and data provided may change without prior notice, and some opinions may not align with every investor’s individual goals. Investing in foreign and emerging markets carries inherent risks, including currency fluctuations and reduced public disclosure, along with economic and political uncertainties.
The S&P/TSX Global Gold Index serves as a key international benchmark, monitoring leading gold-related companies worldwide in order to create a viable, representative index for public investments in the gold sector. Meanwhile, the FTSE Gold Mines Index Series includes all gold mining firms producing a minimum of 300,000 ounces of gold annually, provided they earn at least 75% of their revenue from gold operations.
As of June 30, 2007, the following were notable holdings as a percentage of net assets:
- Jiangxi Copper – China Region Opportunity Fund: 1.74%
- Silvercorp Metals Inc. – World Precious Minerals Fund: 2.78%, Global Resources Fund: 0.89%, China Region Opportunity Fund: 2.42%
- Gold Fields Ltd. – Gold Shares Fund: 6.05%, World Precious Minerals Fund: 2.58%, Global Resources Fund: 0.39%
- Sino Gold Mining Ltd. – Gold Shares Fund: 1.03%, World Precious Minerals Fund: 0.58%, China Region Opportunity Fund: 0.27%
- Anglogold Ashanti: 0.0%
- Dynasty Gold: 0.0%
