U.S. Global Investors, Inc. (Nasdaq: GROW), manager of the Global MegaTrends infrastructure mutual fund (MEGAX), will host a webcast this month to discuss the equity opportunities arising from President-elect Obama’s plans for domestic infrastructure development.
The webcast, scheduled for January 26, 2009, at 12 noon Eastern, will feature the portfolio team for the Global MegaTrends infrastructure fund. The Global MegaTrends Fund was one of the first U.S. mutual funds to recognize infrastructure as a distinct investment theme.
“The scale of this opportunity is massive. The American Society of Civil Engineers says it would take $1.6 trillion in the next five years to fix the nation’s aging and inadequate roads, bridges, water systems and other infrastructure,” says Frank Holmes, U.S. Global’s CEO and chief investment officer. “This number doesn’t even address the need for more infrastructure to keep up with future population growth, demographic shifts, rapid advances in technology or important goals of improving energy efficiency and environmental friendliness.
“Even if President Obama allocates half of that $1.6 trillion for infrastructure projects, the potential gains are considerable for investors in engineering and construction firms, equipment makers, commodities producers and other public companies that stand to benefit,” Mr. Holmes says. “The Global MegaTrends infrastructure fund invests in these types of companies.”
Infrastructure is also an international theme as emerging markets build new highway networks, aviation systems, seaports and the like. Because the Global MegaTrends infrastructure mutual fund has global reach, these opportunities will also be discussed in the webcast.
“Infrastructure is at the intersection of emerging markets and natural resources, which are our specialties,” Mr. Holmes says. “Developing countries, in particular the BRICs (Brazil, Russia, India and China), have been growing at a very brisk pace, and we expect that to continue over the long term. In the course of our travel around the world, we continue to see how these and other countries are working to accommodate urbanization trends and rising standards of living.”
To sign up for the January 26 infrastructure webcast, or to learn more about the Global MegaTrends infrastructure mutual fund, please visit www.usfunds.com.
About U.S. Global Investors, Inc.
U.S. Global Investors, Inc. (www.usfunds.com) is a registered investment adviser that focuses on profitable niche markets around the world. Headquartered in San Antonio, Texas, the company offers financial solutions and provides transfer agency and other services to U.S. Global Investors Funds and other clients.
With $2.26 billion in assets under management as of October 31, 2008, U.S. Global Investors manages domestic and offshore funds offering investment options from emerging markets, to money markets, to an infrastructure mutual fund. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.
Please consider carefully the 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.
All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. Foreign and emerging market investing involves special risks such as currency fluctuation and less public disclosure, as well as economic and political risk.
Terry Badger, 210-308-1221
Director of Communications