Profile: U.S. Global Investors Inc (GROW.PH)
20 Aug 2019
U.S. Global Investors, Inc., incorporated on January 29, 1968, is an investment advisor. The Company, with principal operations located in San Antonio, Texas, manages three business segments: Investment Management Services, Investment Management Services-Canada and Corporate Investments. The Investment Management Services segment, through the United States Global Investors Funds (USGIF), offers 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. The Investment Management Services-Canada segment owns a controlling interest in Galileo Global Equity Advisors Inc. (Galileo), a Toronto-based asset management firm, which offers investment management products and services in Canada. The Corporate Investments segment invests for its own account. As part of its investment management businesses, the Company provides investment advisory services and administrative services to the mutual funds advised by the Company.
Investment Management Services
The Company furnishes an investment program for each of the clients it manages and determines, subject to overall supervision by the applicable board of trustees of the clients, the clients' investments pursuant to an advisory agreement. Consistent with the investment restrictions, objectives and policies of the particular client, the portfolio team for each client determines what investments should be purchased, sold and held, and makes changes in the portfolio deemed. The Company also manages, supervises and conducts certain other affairs of USGIF. The Company assists with certain administrative tasks.
Investment Management Services-Canada
The Company, through its subsidiary, U.S. Global Investors (Canada) Limited (USCAN), owns interest in Galileo. Galileo is registered as a portfolio manager and exempt market dealer with the Ontario Securities Commission (OSC), the Nova Scotia Securities Commission and the Quebec Securities Commission. Additionally, the Company is registered as an exempt market dealer with the New Brunswick and Newfoundland and Labrador Securities Commissions.
In addition to providing management and advisory services, the Company is engaged in trading for its own account. The Company holds certain of its total assets in investments.
U.S. Global Investors Inc
7900 Callaghan Rd
SAN ANTONIO TX 78229-2327