AMENDMENT TO CUSTODIAN AGREEMENTCustodian Agreement • January 22nd, 2021 • Us Global Investors Funds
THIS AMENDMENT TO CUSTODIAN AGREEMENT (this “Amendment”) is made as of December 22, 2020 by and between U.S. GLOBAL INVESTORS FUNDS, a statutory trust organized under the laws of the state of Delaware (the “Trust”) on behalf of each of the portfolios listed on Appendix A of the Custodian Agreement (each, a “Fund” and collectively, the “Funds”) and BROWN BROTHERS HARRIMAN & CO. (“BBH” or the “Custodian”).
SECOND AMENDMENT TO DISTRIBUTION AGREEMENTDistribution Agreement • January 22nd, 2021 • Us Global Investors Funds • Delaware
This second amendment (the “Amendment”) to the Distribution Agreement dated as of December 10, 2015 as novated (the “Agreement”), is entered into on December 22, 2020 (the “Execution Date”) by and between U.S. Global Investors Funds (the “Client”) and Foreside Fund Services, LLC (“Foreside”), with an effective date of December 22, 2020 ( the “Effective Date”).
SECOND AMENDMENT TO AMENDED AND RESTATED ADMINISTRATIVE SERVICES AGREEMENTAdministrative Services Agreement • January 22nd, 2021 • Us Global Investors Funds • Delaware
THIS SECOND AMENDMENT TO THE AMENDED AND RESTATED ADMINISTRATIVE SERVICES AGREEMENT (this “Amendment”) is effective as of December 22, 2020, among U.S. Global Investors Funds, a Delaware statutory trust (the “Trust”), on its own behalf and on behalf of each of the Funds listed on Appendix A to the Agreement (each a “Fund” and together, the “Funds”), and U.S. Global Investors, Inc., a Texas corporation, and any successor thereto (the “Administrator”), with respect to each Fund named in Appendix A to this Agreement, as may be amended from time to time.
December 22, 2020Us Global Investors Funds • January 22nd, 2021
In rendering our opinion, we have reviewed and relied upon: (a) a copy of the executed Plan, dated as of December 22, 2020; (b) the Combined Proxy Statement and Prospectus provided to shareholders of the Target Fund dated October 9, 2020; (c) certain representations concerning the Reorganization made to us by the Acquiring Fund and the Target Fund in a letter dated December 22, 2020 (the “Representation Letter”); (d) all other documents, financial and other reports and corporate minutes we deemed relevant or appropriate; and (e) such statutes, regulations, rulings and decisions as we deemed material in rendering this opinion.
FORM OF AGREEMENT AND PLAN OF REORGANIZATIONForm of Agreement and Plan of Reorganization • January 22nd, 2021 • Us Global Investors Funds • Texas
This FORM OF AGREEMENT AND PLAN OF REORGANIZATION (the “Agreement”) is made as of December 22, 2020 (the “Agreement”), by and among U.S. Global Investors Funds, a Delaware statutory trust (the “Trust”), with its principal place of business at Three Canal Plaza, Suite 600, Portland, Maine 04101, on behalf of its series the All American Equity Fund (the “Target Fund”) and the Trust, on behalf of its series the Global Luxury Goods Fund (the “Acquiring Fund”), and, solely for purposes of paragraph 9.2 hereof, U.S. Global Investors, Inc. (“USGI”), the investment adviser to the Target Fund and Acquiring Fund, with its principal place of business at 7900 Callaghan Road, San Antonio, Texas 78229. The Acquiring Fund and the Target Fund are sometimes referred to collectively herein as the “Funds” and individually as a “Fund.”
