U.S. Global Investors Searching for Opportunities, Managing Risk - - PowerPoint PPT Presentation
U.S. Global Investors Searching for Opportunities, Managing Risk Frank E. Holmes GROW Earnings CEO and CIO 3Q 2011 Susan McGee President and General Counsel Catherine Rademacher CFO Ryan George Investor Relations www.usfunds.com May 6, 2011
www.usfunds.com 1.800.US.FUNDS
Searching for Opportunities, Managing Risk
May 6, 2011
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Frank E. Holmes CEO and CIO Susan McGee President and General Counsel Catherine Rademacher CFO Ryan George Investor Relations
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Frank Holmes
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about our relative business outlook. Any forward-looking statements and all other statements made during this webcast that don’t pertain to historical facts are subject to risks and uncertainties that may materially affect actual results. Please refer to our press release and the corresponding Form 10-Q filing for more detail on factors that could cause actual results to differ materially from any described today in forward-looking statements. Any such statements are made as of today, and U.S. Global Investors accepts no obligation to update them in the future.
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2011 Revenue $9.4M $11.4M Net Income $1.5M $2.7M EPS (diluted) $0.10 $0.17 Quarter ended March 31*
* unaudited
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March 31, 2011 Revenue $11.9M $11.4M Net Income $2.3M $2.7M EPS (diluted) $0.15 $0.17 Quarter ended*
* unaudited
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(Quarter-end average, in billions)
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EPS U.S. Global Investors (GROW) 83% 70% Industry Peers* 27% 30%
Calendar 1Q10 vs. 1Q11
* Median calculations based from the latest quarterly results by T. Rowe Price, Franklin Resources, Invesco, Cohen & Steers, Janus, Calamos, Affiliated Managers, Federated Investors, Waddell & Reed, BlackRock, Pzena Investment Management, Westwood Holdings and Virtus Investment Partners.
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3-Year CAGR** U.S. Global Investors (GROW) 18.9% 11.7% Industry Peers* 18.7% 8.9%
* Median calculations based from the latest quarterly results by T. Rowe Price, Franklin Resources, Invesco, Cohen & Steers, Janus, Calamos, Affiliated Managers, Federated Investors, Waddell & Reed, BlackRock, Pzena Investment Management, Westwood Holdings and Virtus Investment Partners. ** Compounded Annual Growth Rate Trailing twelve months, quarter ending March 31, 2011 Source: Bloomberg
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GROW 0% Industry Peers* 17% Major Banks** 32.4%
* Median calculations based from the latest quarterly results by T. Rowe Price, Franklin Resources, Invesco, Cohen & Steers, Janus, Calamos, Affiliated Managers, Federated Investors, Waddell & Reed, BlackRock, Pzena Investment Management, Westwood Holdings and Virtus Investment Partners. ** Latest quarterly results filed by: Bank of America, Citigroup, JP Morgan, Wells Fargo, U.S. Bancorp, Morgan Stanley, Goldman Sachs. Source: Baseline, latest available figures
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(GROW) 2.5% Industry Peers* 1.9%
Invesco, Cohen & Steers, Janus, Calamos, Affiliated Managers, Federated Investors, Waddell & Reed, BlackRock, Pzena Investment Management, Westwood Holdings and Virtus Investment Partners.
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Month P/E U.S. Global Investors (GROW) 20.8 Industry Peers* 21.1
Invesco, Cohen & Steers, Janus, Calamos, Affiliated Managers, Federated Investors, Waddell & Reed, BlackRock, Pzena Investment Management, Westwood Holdings and Virtus Investment Partners.
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Rankings were provided to the Wall Street Journal, Barron’s and USA Today by Lipper and include all mutual funds and ETFs tracked by Lipper. Lipper ranked the funds based on 10-year performance data including share prices and reinvested
annualized return as of 03/31/2011. Past performance is no guarantee of future results.
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the Federal Reserve President Barack Obama
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2%
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$250/oz. $1400/oz.
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View the presentation “Anticipate Before You Participate” at www.usfunds.com/investor-resources/publications/research
Rolling 1 Year U.S. Global Investors (GROW) 114.4% NYSE Arca Gold BUGS Index (HUI) 38.4% Crude Oil 37.2% MSCI Emerging Markets (MXEF) 32.3% S&P 500 Index (SPX) 19.8% Gold Bullion 13.8%
12-month rolling volatility of price action over 10 year period Standard Deviation (as of 03/31/11) based on 10-Year Data
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Returns are based on historical spot prices or futures prices. Past performance does not guarantee future results.
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Please consider carefully a fund’s investment objectives, risks, charges and
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.
Gold, precious metals, and precious minerals funds may be susceptible to adverse economic, political or regulatory developments due to concentrating in a single theme. The prices of gold, precious metals, and precious minerals are subject to substantial price fluctuations over short periods of time and may be affected by unpredicted international monetary and political policies. We suggest investing no more than 5% to 10% of your portfolio in these sectors. Foreign and emerging market investing involves special risks such as currency fluctuation and less public disclosure, as well as economic and political risk. By investing in a specific geographic region, a regional fund’s returns and share price may be more volatile than those of a less concentrated portfolio. The Eastern European Fund invests more than 25% of its investments in companies principally engaged in the oil & gas or banking industries. The risk of concentrating investments in this group of industries will make the fund more susceptible to risk in these industries than funds which do not concentrate their investments in an industry and may make the fund’s performance more volatile. Because the Global Resources Fund concentrates its investments in a specific industry, the fund may be subject to greater risks and fluctuations than a portfolio representing a broader range of industries.
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All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every
Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by
data for analyzing, managing, or trading financial instruments is at the user's own risk. This is not an offer to buy or sell securities. M1 Money Supply includes funds that are readily accessible for spending. M2 Money Supply is a broad measure of money supply that includes M1 in addition to all time-related deposits, savings deposits, and non-institutional money-market funds. The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global emerging markets. The NYSE Arca Gold BUGS (Basket of Unhedged Gold Stocks) Index (HUI) is a modified equal dollar weighted index of companies involved in gold
hedge their gold production beyond 1.5 years. The S&P 500 Stock Index is a widely recognized capitalization-weighted index of 500 common stock prices in U.S. companies. The Nasdaq Composite Index is a capitalization-weighted index of all Nasdaq National Market and SmallCap