U.S. Global Investors, Inc. (Nasdaq: GROW), a boutique registered investment advisory firm specializing in natural resources, emerging markets, domestic equities and municipal bonds, changed the ticker of its Holmes Macro Trends Fund to MEGAX.
“The ticker MEGAX better reflects the big-picture approach of the fund and its focus on long-term sector leadership trends,” says Frank Holmes, U.S. Global Investors CEO. “Given the headwinds facing Asia and Europe, the fund’s U.S.-based holdings could benefit from a strong U.S. economy.”
The Holmes Macro Trends Fund seeks to own domestic growth companies with robust fundamentals, including those growing revenues at more than 10 percent and generating at least 20 percent earnings growth, located in the strongest industries and sectors of the market.
“Over the past year, shareholders have benefited from the fund’s approach. As of the end of February, the fund outperformed the benchmark S&P 1500 Composite index by almost 10 percent in one year,” says Holmes.
As of February 28, the Holmes Macro Trends Fund grew 35.30 percent while the S&P 1500 Composite Index rose 25.71 percent.
To learn more about the fund and how it invests, investors can download the fact sheet at U.S. Global’s website.
About U.S. Global Investors, Inc.
U.S. Global Investors, Inc. (www.usfunds.com) is a boutique registered investment adviser specializing in actively managed equity and bond strategies. The company has a longstanding history as experts in gold and precious metals, natural resources and emerging markets. Headquartered in San Antonio, Texas, the company provides advisory and other services to U.S. Global Investors Funds and other clients.
With an average of $1.11 billion in assets under management in the quarter ended December 31, 2013, U.S. Global Investors manages domestic and offshore funds offering a variety of investment options, from emerging markets to fixed income.
Total Annualized Returns as of 12/31/13
|One-Year||Five-Year||Ten-Year||Gross Expense Ratio||Expense Ratio After Waivers|
|Holmes Macro Trends (MEGAX)||39.38%||15.69%||6.89%||1.86%||NA|
|S&P 1500 Composite Index||32.79%||18.37%||7.77%||NA||NA|
Expense ratios as stated in the most recent prospectus. Performance data quoted above is historical. Past performance is no guarantee of future results. Results reflect the reinvestment of dividends and other earnings. For a portion of periods, the fund had expense limitations, without which returns would have been lower. Current performance may be higher or lower than the performance data quoted. The principal value and investment return of an investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. Performance does not include the effect of any direct fees described in the fund’s prospectus (e.g., short-term trading fees of 0.05%) which, if applicable, would lower your total returns. Performance quoted for periods of one year or less is cumulative and not annualized. Obtain performance data current to the most recent month-end at www.usfunds.com or 1-800-US-FUNDS.
Please consider carefully a fund’s investment objectives, risks, charges and expenses. For this and other important information, obtain a fund prospectus by visiting www.usfunds.com or by calling 1-800-US-FUNDS (1-800-873-8637). Read it carefully before investing. Distributed by U.S. Global Brokerage, Inc.
The S&P 1500 Composite is a broad-based capitalization-weighted index of 1500 U.S. companies and is comprised of the S&P 400, S&P 500, and the S&P 600.
Susan Filyk, 210-308-1286