U S Global Investors Inc
Business Description
U.S. Global, a Texas corporation organized in 1968, is a registered investment
adviser under the Investment Advisers Act of 1940, as amended (“Advisers
Act”). The Company, with principal operations located in San Antonio, Texas,
manages three business segments:
Investment Management Services, through which the Company offers, through U.S.
Global Investors Funds (“USGIF” or the “Fund(s)”), offshore
clients, and an exchange traded fund (“ETF”) client, a range of investment
management products and services to meet the needs of individual and institutional
investors;
Investment Management Services - Canada, through which, as of June 1, 2014, the
Company owns a 65% controlling interest in Galileo Global Equity Advisors Inc.
(“Galileo”), a privately held Toronto-based asset management firm
which offers investment management products and services in Canada; and
Corporate Investments, through which the Company invests for its own account in
an effort to add growth and value to its cash position. Although the Company generates
the majority of its revenues from its investment advisory segments, the Company
holds a significant amount of its total assets in investments.
As part of its investment management businesses, the Company provides: (1) investment
advisory services; (2) distribution services; and (3) administrative services
to the mutual funds advised by the Company. The fees from these services, as well
as investment income, are the primary sources of the Company’s revenue.
Through December 2013, the Company also provided transfer agency services to the
mutual funds advised by the Company.
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