Fund Research for U.S. Global Investors Eastern European (EUROX)

  • Fund Overview

    Fund Inception Date: Mar 31, 1997
    Category: Europe Stock
    Overall Risk: Above Average
    Fund Family: U.S. Global Investors
    Return Since Inception: 12.13%
    YTD Return: 67.58%
    Yield (TTM): 0.00%
    Net Assets: 442.86 M
    Morningstar Rating:
    3 of 5

    The investment seeks long-term growth of capital. The fund invests at least 80% of net assets in the common stock, preferred stock, convertible securities, rights and warrants and depository receipts of companies located in the emerging markets of Eastern Europe. It invests at least 25% of total assets in securities of companies involved in oil, gas or banking. It is nondiversified.

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    Size
    Average Market Cap $11,332 M
    Market Capitalization Portfolio
    Giant 26.56%
    Large 47.56%
    Medium 16.25%
    Small 8.24%
    Micro 1.39%
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/04/2009    		 Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 12/31/1998 to 10/31/2009
    Mouseover the chart to see values for each month.

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    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 67.58% 22.05% -8.04% 7.15% 17.11% 12.13%
    +/- Category 25.91% -3.24% -2.59% 1.45% 10.20% —
    +/- MSCI EAFE NR USD — — — — 2.04% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 63.28% 31.86% -8.88% 6.99% 17.11% 12.13%
    Quarter (as of 09/30/2009) 63.09% -15.31% -6.73% 8.26% 17.42% 12.20%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/04/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/04/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 03/31/1997
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    Information 12.69%
    Service 19.99%
    Manufacturing 49.14%

    Asset Allocation

    Short Long Net Assets
    Cash 2.12% 0.00% -2.12%
    Stocks 0.00% 84.67% 84.67%
    Bonds 0.00% 0.00% 0.00%
    Other 0.00% 0.35% 0.35%
    Foreign Stocks
    (as a % of assets)    		 0.00% 84.67% 84.67%
    Data as of 06/30/2009 Data as of 06/30/2009 View Fund Portfolio

    Top 10 Holdings

    Sector Country Net Assets
    + Bbh Other Net Asset — — 16.98%
    - OIL CO LUKOIL (LUKOY) Energy RUS 8.32%
    - GAZPROM O A O (OGZPY) Energy RUS 6.97%
    - Sberbank Rossii OAO (SBER) Financial Services RUS 5.67%
    - NK Rosneft' OAO (ROSN) Energy RUS 5.40%
    - Turkiye Garanti Bankasi (GARAN) Financial Services TUR 4.97%
    - CEZ (BAACEZ) Utilities CZE 4.02%
    - JSC KazMunaiGas Exploration Production GDR (KMG) Energy KAZ 3.40%
    - OPEN JT STK CO-VIMPEL COMMUN (VIP) Telecom RUS 2.87%
    * Novolipetsk Steel Ojsc Nlmk, Lipetsk — RUS 2.85%
    + Increase - Decrease = No change * New since last portfolio
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    Data as of 06/30/2009
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial —
    Deferred —
    Taken from prospectus dated 02/28/2009
    Expense Ratio (based on net assets) 2.10%
    Taken from annual report dated 12/31/2008

  • Fund Management

    Frank E. Holmes
    Start Date: 11/07/2008
    Mr. Holmes is Chief Executive Officer and Chief Investment Officer of U.S. Global Investors, Inc. Mr. Holmes had investment banking experience in the international capital markets and the gold mining industry. He was formerly President and Chairman of the Toronto Society of the Investment Dealers Association and a member of the Toronto Stock Exchange's Listing Committee as well as a member seat holder of the stock exchanges in Toronto, Montreal, Vancouver and Alberta.
    John Derrick
    Start Date: 11/07/2008
    Derrick is a portfolio manager with U.S. Global Investors, his employer since January, 1999.
    Tim Steinle
    Start Date: 11/07/2008
    Steinle has served as a portfolio manager for the Adviser since November, 2008; a risk manager of Valero Energy Corp. from 2001-2008; and a manager for Enron from 1999-2001 where he was responsible for a team that developed a fixed income and foreign exchange trading system.