U.S. Global Investors, Inc. (U.S. Global) is an investment adviser. The Company and its subsidiaries are principally engaged in the business of providing investment advisory and other services to the United States Global Investors Funds (USGIF), as well as offshore clients. As part of the mutual fund management business, the Company provides investment advisory services; transfer agency and record keeping services; distribution services, and administrative services to mutual funds advised by the Company. The Company, with principal operations located in San Antonio, Texas, manages three business segments: Investment Management Services, by which the Company offers, through USGIF; Investment Management Services - Canada, through which the Company owns a 65% controlling interest in Galileo Global Equity Advisors Inc. (Galileo); Corporate Investments, through which the Company invests for its own account in an effort to add growth and value to its cash position.