Profiled 02-29-00 at 1 9/16ths
SAN ANTONIO--(BUSINESS WIRE)--Feb. 17, 2000--U.S. Global Investors Inc. (Nasdaq:GROW), a registered investment advisory firm with $1.5 billion in assets under management, announced net after-tax income of approximately $324,000, $0.04 income per share, unaudited for the quarter ended Dec. 31, 1999.
The firm said that the positive change in revenue was largely due to an increase in net advisory fees for the U.S. Government Securities Savings Fund and the Bonnel Growth Fund.
In particular, the Bonnel Growth Fund's assets for the fourth quarter averaged nearly $166 million, an 80 percent increase compared to the same period last year. This resulted in an increase in net advisory fees by nearly $190,000, the firm said.
Through Wednesday, U.S. Global Bonnel Growth (ACBGX) was up 22 percent year to date and up 128 percent over the last 12 months, according to Lipper Inc.
SAN ANTONIO--(BUSINESS WIRE)--Jan. 11, 2000--U.S. Global Investors Inc. (Nasdaq:GROW - news), the investment adviser for U.S. Global Investors' family of 100% no-load funds, announced today that Morningstar, an independent mutual fund rating service, awarded U.S. Global Investors Bonnel Growth Fund (ACBGX) a 5-star overall rating among 3,469 domestic equity funds.
SAN ANTONIO--(BUSINESS WIRE)--Dec. 28, 1999--U.S. Global Investors Inc., (Nasdaq:GROW - news) the investment adviser for U.S. Global Investors' family of funds, now offers online account management to shareholders through a strategic relationship with Intuit Inc. (Nasdaq:INTU - news), owners of QuickenŽ, the leading personal finance software.
This new relationship reflects U.S. Global Investors' continuing efforts to offer more services to its business and retail shareholders. Shareholders with Quicken will now be able to update account balances in seconds, as well as download transactions, holdings and balances. In addition, this relationship will allow U.S. Global Investors' shareholders to utilize Quicken to automatically track capital gains and download current quotes, asset classes, security news and alerts directly into Quicken from the World Wide Web.
Frank Holmes, Chairman and CEO said, ``The relationship with Intuit plays an integral part in our Internet strategy to provide valuable service to our shareholders via the Internet.''
Market Capitalization $13.2M