U.S. Global Investors' Gold Fund Earns Lipper Fund Award

SAN ANTONIO, TX--(Marketwired - March 24, 2017) - U.S. Global Investors, Inc. (NASDAQ: GROW), a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, is pleased to announce positive recognition for its gold-oriented fund by Lipper. The U.S. Global Investors Gold and Precious Metals Fund (USERX) is the winner of two Thomson Reuters Lipper Fund Awards for 2017, in the Precious Metals Equity Funds category for the three- and five-year periods.

The Lipper Awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers. Frank Holmes, CEO and chief investment officer, accepted the honors during an awards ceremony in New York on Thursday, March 23.

"We're very pleased and honored that our gold fund is recognized by Lipper," says Holmes. "Our mission at U.S. Global Investors is to provide robust financial products that meet investors' needs, and this recognition certainly helps us make that case. I always recommend a 10 percent weighting in gold, with 5 percent of that in gold equities. The Gold and Precious Metals Fund, I believe, is an excellent way for investors to get exposure to quality gold mining companies."

In January, the Gold and Precious Metals Fund was also awarded a 5-Star Overall Rating by respected investment ranking and analysis firm Morningstar, as of December 31, 2016. The fund was rated among 71 Equity Precious Metals funds, based on risk adjusted returns. USERX is the first no-load gold fund in the U.S., focusing primarily on producers, companies currently pulling gold or other precious minerals out of the ground.

Frank Holmes and Ralph Aldis co-manage the Gold and Precious Metals Fund as well as the World Precious Minerals Fund (UNWPX), which gives investors greater exposure to junior and intermediate mining companies for added growth potential. Holmes and Aldis were honored with the Mining Journal's Best Americas Based Fund Manager award for 2016.

Holmes comments, "Gold responded well to the most recent interest rate hike by the Federal Reserve on March 15. After the announcement, gold promptly rose more than $20 an ounce, a sign that investors see current monetary policy as dovish. This is good for gold prices going forward, especially with geopolitical uncertainty rising both here in the U.S. and abroad."