The Fund's investment objective is to achieve long-term capital growth and protection against monetary instability by investing primarily in a diversified portfolio of junior and intermediate companies involved in the exploration, development, production and transportation of energy or energy related resources such as oil, gas and coal. With a global focus, the Fund intends to be positioned to benefit from economic growth, while eliminating the risks of investing in a single country or industrial sector.
U.S. Global Investors, Inc. is the Fund's investment adviser and was established in 1968. The Adviser is a registered investment adviser with the U.S. Securities and Exchange Commission that focuses on profitable niche markets around the world. Headquartered in San Antonio, Texas, the company manages approx. US$5.6 billion in in offshore accounts and U.S. mutual funds encompassing major asset classes and markets including gold and natural resources, equities, government money markets, tax-free bonds and emerging markets.