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U.S. Global Investors, Inc., is an investment management firm specializing in gold and natural resources, emerging markets and global infrastructure. The company, headquartered in San Antonio, Texas, manages 13 no-load mutual funds in the U.S. Global Investors fund family, as well as funds for international clients.
Frank E. Holmes is chief executive and chief investment officer at U.S. Global Investors. Since Holmes became chief investment officer in 2000, the company's mutual funds have won more than two dozen Lipper Fund Awards (consistent return) and performance certificates (total return). Holmes is a prominent commentator on business television networks in the U.S., Canada and Europe, and a frequent keynote speaker at investment conferences around the world. He is also co-author of The Goldwatcher: Demystifying Gold Investing (2008: John Wiley & Sons.
U.S. Global Investors is a publicly traded company listed on the Nasdaq stock market under the ticker symbol GROW.
History
[edit]U.S. Global Investors, Inc. was incorporated in Texas in 1968 under the name Military Services Investment Advisors, Inc. and three years later changed its name to Growth Research and Management Inc. In 1984, the company's name was changed again, this time to United Services Advisors, Inc. The current name was adopted in 1996.
U.S. Global was initially formed to manage a growth fund that evolved into the Gold and Precious Metals Fund (USERX), the nation’s first no-load precious metals fund. The China Region Fund (USCOX) was the first no-load fund dedicated to investing primarily in companies located in the China region, while the Eastern European Fund (EUROX) was among the first U.S. mutual funds dedicated to that region.
Frank E. Holmes purchased a controlling interest in the company in 1989.
Business overview
[edit]The U.S. Global Investors family of mutual funds specializes in natural resources, emerging markets and global infrastructure. The company also manages stock funds in the large-cap and mid-cap categories, two municipal bond funds and two money-market funds.[1]
List of funds, ticker symbol, emphasis and year of inception:
Gold and Precious Metals Fund (USERX), precious metals, 1974
All American Equity Fund (GBTFX), large-cap, 1981
Global Resources Fund (PSPFX), natural resources, 1983
World Precious Minerals Fund (UNWPX), precious metals, 1985
Global MegaTrends Fund (MEGAX), infrastructure, 1991
China Region Fund (USCOX), China region, 1994
Holmes Growth Fund (ACBGX), mid-cap, 1994
Eastern European Fund (EUROX), emerging Europe, 1997
Global Emerging Markets Fund (GEMFX), emerging markets, 2005
Tax Free Fund (USUTX), municipal bonds, 1984
Near-Term Tax Free Fund (NEARX), municipal bonds, 1990
U.S. Treasury Securities Cash Fund (USTXX), money market, 1982
U.S. Government Securities Savings Fund (UGSXX), money market, 1990
U.S. Global Investors uses a variety of means to educate investors on factors that affect global markets. The company's Weekly Investor Alert newsletter, Shareholder Report magazine and the Frank Talk investment blog are among those conduits. In addition, U.S. Global produces a number of webcasts[2] each year that feature the company's investment professionals and other prominent figures in the investing industry.
CEO Frank Holmes has written investment articles for investment-focused publications.[3], and is a regular contributor to a number of investor-education websites.
He is a regular commentator on the business television channels CNBC, Bloomberg Television, Fox Business Channel and CNN's Your Money, and he has been profiled by Barron's[4], Fortune magazine[5], the Financial Times[6] and other publications.
References
[edit]- ^ U.S. Global Investors Funds page: http://www.usfunds.com/funds/fund_choose.asp
- ^ U.S. Global Investors webcast archive: http://www.usfunds.com/webcast/
- ^ Financial Planning magazine, May 2008: "Where The Growth is: Infrastructure". Retrieved on 3-4-09
- ^ Barrons.com, 3-17-08: "The Picks of a Natural Resources Whiz". Retrieved 3-4-09
- ^ Fortune magazine, 5-16-05: "The Commodities Gusher". Retrieved 2-24-09
- ^ The Financial Times, 1-10-05: "A heart of gold gives portfolios a natural edge". Retrieved 2-24-09