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<edgarSubmission xmlns="http://www.sec.gov/edgar/nmfp" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:com="http://www.sec.gov/edgar/common" xmlns:dei="http://www.sec.gov/edgar/dei" xmlns:invest="http://www.sec.gov/edgar/invest" xmlns:part1="http://www.sec.gov/edgar/nmfpfund" xmlns:part2="http://www.sec.gov/edgar/nmfpsecurities" xmlns:ratings="http://www.sec.gov/edgar/ratings" xmlns:rr="http://www.sec.gov/edgar/rr" xmlns:sccom="http://www.sec.gov/edgar/sccommon" xmlns:state="http://www.sec.gov/edgar/statecodes" xmlns:us-gaap="http://www.sec.gov/edgar/us-gaap" xsi:schemaLocation="http://www.sec.gov/edgar/nmfp eis_NMFP_Submission.xsd">
  <submissionType>N-MFP</submissionType>
  <liveTestFlag>LIVE</liveTestFlag>


  <isThisElectronicCopyOfPaperFormat>N</isThisElectronicCopyOfPaperFormat>
  <DocumentPeriodEndDate>2011-06-30</DocumentPeriodEndDate>
  <EntityCentralIndexKey>0000101507</EntityCentralIndexKey>

  <seriesId>S000004786</seriesId>
  <totalClassesInSeries>1</totalClassesInSeries>
  <isThisFinalFiling>N</isThisFinalFiling>
  <hasFundAcquiredOrMergedWithAnotherFundSinceLastFiling>N</hasFundAcquiredOrMergedWithAnotherFundSinceLastFiling>
  <seriesLevelInformation>
    <part1:ContainedFileInformationFileNumber>002-35439</part1:ContainedFileInformationFileNumber>
    <part1:investmentAdviserList>
      <part1:adviser>
        <part1:adviserName>U.S. Global Investors, Inc.</part1:adviserName>
        <part1:adviserFileNumber>801-4868</part1:adviserFileNumber>
      </part1:adviser>
    </part1:investmentAdviserList>
    <part1:independentPublicAccountant>
      <part1:name>KPMG LLP</part1:name>
      <part1:city>Boston</part1:city>
      <part1:state>MA</part1:state>
    </part1:independentPublicAccountant>
    <part1:administratorList>
      <part1:administrator>Brown Brothers Harriman &amp; Co.</part1:administrator>
    </part1:administratorList>
    <part1:transferAgentList>
      <part1:transferAgent>
        <part1:name>United Shareholder Services, Inc.</part1:name>
        <part1:EntityCentralIndexKey>0000752336</part1:EntityCentralIndexKey>
        <part1:fileNumber>84-01260</part1:fileNumber>
      </part1:transferAgent>
    </part1:transferAgentList>
    <part1:isThisFeederFund>N</part1:isThisFeederFund>
    <part1:isThisMasterFund>N</part1:isThisMasterFund>
    <part1:isThisSeriesPrimarilyUsedToFundInsuranceCompanySeperateAccounts>N</part1:isThisSeriesPrimarilyUsedToFundInsuranceCompanySeperateAccounts>
    <part1:InvestmentTypeDomain>Government/Agency</part1:InvestmentTypeDomain>
    <part1:dollarWeightedAveragePortfolioMaturity>7</part1:dollarWeightedAveragePortfolioMaturity>
    <part1:dollarWeightedAverageLifeMaturity>7</part1:dollarWeightedAverageLifeMaturity>
    <part1:AvailableForSaleSecuritiesAmortizedCost>77308262.36</part1:AvailableForSaleSecuritiesAmortizedCost>
    <part1:OtherAssets>18852649.92</part1:OtherAssets>
    <part1:Liabilities>160742.73</part1:Liabilities>
    <part1:AssetsNet>96000169.55</part1:AssetsNet>
    <part1:MoneyMarketSevenDayYield>0.0002</part1:MoneyMarketSevenDayYield>
    <part1:seriesShadowPrice>
      <part1:netValuePerShareIncludingCapitalSupportAgreement>0.9992</part1:netValuePerShareIncludingCapitalSupportAgreement>
      <part1:dateCalculatedFornetValuePerShareIncludingCapitalSupportAgreement>2011-06-30</part1:dateCalculatedFornetValuePerShareIncludingCapitalSupportAgreement>
      <part1:netValuePerShareExcludingCapitalSupportAgreement>0.9992</part1:netValuePerShareExcludingCapitalSupportAgreement>
      <part1:dateCalculatedFornetValuePerShareExcludingCapitalSupportAgreement>2011-06-30</part1:dateCalculatedFornetValuePerShareExcludingCapitalSupportAgreement>
    </part1:seriesShadowPrice>
  </seriesLevelInformation>
  <classLevelInformationList>
    <part1:classLevelInformation>
      <part1:classId>C000012997</part1:classId>
      <part1:minInitialInvestment>1000.00</part1:minInitialInvestment>
      <part1:netAssetsOfClass>96000169.55</part1:netAssetsOfClass>
      <part1:netAssetValuePerShare>1.00</part1:netAssetValuePerShare>
      <part1:netShareholderFlowActivityForMonthEnded>2412865.13</part1:netShareholderFlowActivityForMonthEnded>
      <part1:grossSubscriptionsForMonthEnded>11583720.18</part1:grossSubscriptionsForMonthEnded>
      <part1:grossRedemptionsForMonthEnded>9170855.05</part1:grossRedemptionsForMonthEnded>
      <part1:sevenDayNetYield>0.0001</part1:sevenDayNetYield>
      <part1:classShadowPrice>
        <part1:netAssetValuePerShareIncludingCapitalSupportAgreement>
          <part1:value>0.9992</part1:value>
          <part1:dateAsOfWhichValueWasCalculated>2011-06-30</part1:dateAsOfWhichValueWasCalculated>
        </part1:netAssetValuePerShareIncludingCapitalSupportAgreement>
        <part1:netAssetValuePerShareExcludingCapitalSupportAgreement>
          <part1:value>0.9992</part1:value>
          <part1:dateAsOfWhichValueWasCalculated>2011-06-30</part1:dateAsOfWhichValueWasCalculated>
        </part1:netAssetValuePerShareExcludingCapitalSupportAgreement>
      </part1:classShadowPrice>
    </part1:classLevelInformation>
  </classLevelInformationList>
  <scheduleOfPortfolioSecuritiesList>
    <part2:scheduleOfPortfolioSecurities>
      <part2:InvestmentIssuer>Credit Suisse Securities USA LLC</part2:InvestmentIssuer>
      <part2:InvestmentTitle>Credit Suisse Securities USA LLC 0.01%</part2:InvestmentTitle>
      <part2:EntityCentralIndexKey>0001230485</part2:EntityCentralIndexKey>
      <part2:InvestmentTypeDomain>Treasury Repurchase Agreement</part2:InvestmentTypeDomain>
      <part2:categoryOfInvestmentDesc>Repurchase Agreement</part2:categoryOfInvestmentDesc>
      <part2:isFundTreatingAsAcquisitionUnderlyingSecurities>Y</part2:isFundTreatingAsAcquisitionUnderlyingSecurities>
      <part2:repurchaseAgreementList>
        <part2:RepurchaseAgreement>
          <part2:InvestmentIssuer>Credit Suisse Securities USA LLC</part2:InvestmentIssuer>
          <part2:InvestmentMaturityDate>
            <invest:date>2012-02-29</invest:date>
          </part2:InvestmentMaturityDate>
          <part2:CR>0.88</part2:CR>
          <part2:InvestmentTypeDomain>Treasury Repurchase Agreement</part2:InvestmentTypeDomain>
          <part2:categoryOfInvestmentDesc>U.S. Treasury Bill</part2:categoryOfInvestmentDesc>
          <part2:AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts>23795086.25</part2:AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts>
          <part2:CashCollateralForBorrowedSecurities>23979280.57</part2:CashCollateralForBorrowedSecurities>
        </part2:RepurchaseAgreement>
      </part2:repurchaseAgreementList>
      <part2:rating>First Tier Security</part2:rating>
      <part2:InvestmentMaturityDate>2011-07-01</part2:InvestmentMaturityDate>
      <part2:finalLegalInvestmentMaturityDate>2011-07-01</part2:finalLegalInvestmentMaturityDate>
      <part2:doesSecurityHaveDemandFeature>N</part2:doesSecurityHaveDemandFeature>
      <part2:doesSecurityHaveGuarantee>N</part2:doesSecurityHaveGuarantee>
      <part2:doesSecurityHaveEnhancementsOnWhichFundRelying>N</part2:doesSecurityHaveEnhancementsOnWhichFundRelying>
      <part2:InvestmentOwnedBalancePrincipalAmount>23509035.97</part2:InvestmentOwnedBalancePrincipalAmount>
      <part2:AvailableForSaleSecuritiesAmortizedCost>23509035.97</part2:AvailableForSaleSecuritiesAmortizedCost>
      <part2:InvestmentOwnedPercentOfNetAssets>0.2449</part2:InvestmentOwnedPercentOfNetAssets>
      <part2:isThisIlliquidSecurity>N</part2:isThisIlliquidSecurity>
      <part2:InvestmentOwnedAtFairValue>23509035.97</part2:InvestmentOwnedAtFairValue>
      <part2:valueOfSecurityExcludingValueOfCapitalSupportAgreement>23509035.97</part2:valueOfSecurityExcludingValueOfCapitalSupportAgreement>
    </part2:scheduleOfPortfolioSecurities>
    <part2:scheduleOfPortfolioSecurities>
      <part2:InvestmentIssuer>Morgan Stanley</part2:InvestmentIssuer>
      <part2:InvestmentTitle>Morgan Stanley 0%</part2:InvestmentTitle>
      <part2:EntityCentralIndexKey>0000895421</part2:EntityCentralIndexKey>
      <part2:InvestmentTypeDomain>Treasury Repurchase Agreement</part2:InvestmentTypeDomain>
      <part2:categoryOfInvestmentDesc>Repurchase Agreement</part2:categoryOfInvestmentDesc>
      <part2:isFundTreatingAsAcquisitionUnderlyingSecurities>Y</part2:isFundTreatingAsAcquisitionUnderlyingSecurities>
      <part2:repurchaseAgreementList>
        <part2:RepurchaseAgreement>
          <part2:InvestmentIssuer>Morgan Stanley</part2:InvestmentIssuer>
          <part2:InvestmentMaturityDate>
            <invest:date>2022-02-15</invest:date>
          </part2:InvestmentMaturityDate>
          <part2:CR>0</part2:CR>
          <part2:InvestmentTypeDomain>Treasury Repurchase Agreement</part2:InvestmentTypeDomain>
          <part2:categoryOfInvestmentDesc>U.S. Treasury Bond</part2:categoryOfInvestmentDesc>
          <part2:AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts>35607317.00</part2:AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts>
          <part2:CashCollateralForBorrowedSecurities>24276000.51</part2:CashCollateralForBorrowedSecurities>
        </part2:RepurchaseAgreement>
      </part2:repurchaseAgreementList>
      <part2:rating>First Tier Security</part2:rating>
      <part2:InvestmentMaturityDate>2011-07-01</part2:InvestmentMaturityDate>
      <part2:finalLegalInvestmentMaturityDate>2011-07-01</part2:finalLegalInvestmentMaturityDate>
      <part2:doesSecurityHaveDemandFeature>N</part2:doesSecurityHaveDemandFeature>
      <part2:doesSecurityHaveGuarantee>N</part2:doesSecurityHaveGuarantee>
      <part2:doesSecurityHaveEnhancementsOnWhichFundRelying>N</part2:doesSecurityHaveEnhancementsOnWhichFundRelying>
      <part2:InvestmentOwnedBalancePrincipalAmount>23800000.00</part2:InvestmentOwnedBalancePrincipalAmount>
      <part2:AvailableForSaleSecuritiesAmortizedCost>23800000.00</part2:AvailableForSaleSecuritiesAmortizedCost>
      <part2:InvestmentOwnedPercentOfNetAssets>0.2479</part2:InvestmentOwnedPercentOfNetAssets>
      <part2:isThisIlliquidSecurity>N</part2:isThisIlliquidSecurity>
      <part2:InvestmentOwnedAtFairValue>23800000.00</part2:InvestmentOwnedAtFairValue>
      <part2:valueOfSecurityExcludingValueOfCapitalSupportAgreement>23800000.00</part2:valueOfSecurityExcludingValueOfCapitalSupportAgreement>
    </part2:scheduleOfPortfolioSecurities>
    <part2:scheduleOfPortfolioSecurities>
      <part2:InvestmentIssuer>United States Treasury Bill</part2:InvestmentIssuer>
      <part2:InvestmentTitle>United States Treasury Bill 0.04501%</part2:InvestmentTitle>
      <part2:CUSIPMember>9127952Z3</part2:CUSIPMember>
      <part2:InvestmentTypeDomain>Treasury Debt</part2:InvestmentTypeDomain>
      <part2:categoryOfInvestmentDesc>United States Treasury Bill</part2:categoryOfInvestmentDesc>
      <part2:rating>First Tier Security</part2:rating>
      <part2:InvestmentMaturityDate>2011-07-14</part2:InvestmentMaturityDate>
      <part2:finalLegalInvestmentMaturityDate>2011-07-14</part2:finalLegalInvestmentMaturityDate>
      <part2:doesSecurityHaveDemandFeature>N</part2:doesSecurityHaveDemandFeature>
      <part2:doesSecurityHaveGuarantee>N</part2:doesSecurityHaveGuarantee>
      <part2:doesSecurityHaveEnhancementsOnWhichFundRelying>N</part2:doesSecurityHaveEnhancementsOnWhichFundRelying>
      <part2:InvestmentOwnedBalancePrincipalAmount>10000000.00</part2:InvestmentOwnedBalancePrincipalAmount>
      <part2:AvailableForSaleSecuritiesAmortizedCost>9999837.50</part2:AvailableForSaleSecuritiesAmortizedCost>
      <part2:InvestmentOwnedPercentOfNetAssets>0.1042</part2:InvestmentOwnedPercentOfNetAssets>
      <part2:isThisIlliquidSecurity>N</part2:isThisIlliquidSecurity>
      <part2:InvestmentOwnedAtFairValue>9999980.00</part2:InvestmentOwnedAtFairValue>
      <part2:valueOfSecurityExcludingValueOfCapitalSupportAgreement>9999980.00</part2:valueOfSecurityExcludingValueOfCapitalSupportAgreement>
    </part2:scheduleOfPortfolioSecurities>
    <part2:scheduleOfPortfolioSecurities>
      <part2:InvestmentIssuer>United States Treasury Bill</part2:InvestmentIssuer>
      <part2:InvestmentTitle>United States Treasury Bill 0.05501%</part2:InvestmentTitle>
      <part2:CUSIPMember>9127953A7</part2:CUSIPMember>
      <part2:InvestmentTypeDomain>Treasury Debt</part2:InvestmentTypeDomain>
      <part2:categoryOfInvestmentDesc>United States Treasury Bill</part2:categoryOfInvestmentDesc>
      <part2:rating>First Tier Security</part2:rating>
      <part2:InvestmentMaturityDate>2011-07-21</part2:InvestmentMaturityDate>
      <part2:finalLegalInvestmentMaturityDate>2011-07-21</part2:finalLegalInvestmentMaturityDate>
      <part2:doesSecurityHaveDemandFeature>N</part2:doesSecurityHaveDemandFeature>
      <part2:doesSecurityHaveGuarantee>N</part2:doesSecurityHaveGuarantee>
      <part2:doesSecurityHaveEnhancementsOnWhichFundRelying>N</part2:doesSecurityHaveEnhancementsOnWhichFundRelying>
      <part2:InvestmentOwnedBalancePrincipalAmount>20000000.00</part2:InvestmentOwnedBalancePrincipalAmount>
      <part2:AvailableForSaleSecuritiesAmortizedCost>19999388.89</part2:AvailableForSaleSecuritiesAmortizedCost>
      <part2:InvestmentOwnedPercentOfNetAssets>0.2083</part2:InvestmentOwnedPercentOfNetAssets>
      <part2:isThisIlliquidSecurity>N</part2:isThisIlliquidSecurity>
      <part2:InvestmentOwnedAtFairValue>19999880.00</part2:InvestmentOwnedAtFairValue>
      <part2:valueOfSecurityExcludingValueOfCapitalSupportAgreement>19999880.00</part2:valueOfSecurityExcludingValueOfCapitalSupportAgreement>
    </part2:scheduleOfPortfolioSecurities>
  </scheduleOfPortfolioSecuritiesList>
</edgarSubmission>
