U.S. Global Investors Gold and Prec Mtls (USERX)

The investment seeks long-term growth of capital plus protection against inflation and monetary instability; current income is secondary. The fund invests at least 80% of net assets in common stock, preferred stock, convertible securities, rights and warrants, and depository receipts of companies predominately involved in the mining, fabrication, processing, marketing, or distribution of metals including gold, silver, platinum group, palladium and diamonds. It focuses on selecting companies with established producing mines. The fund is nondiversified.