Buffalo Funds
Focused research, secular growth industries, long-term investing
The Buffalo Funds family offers a range of funds, including growth funds focused on particular market cap segments, multi-cap specialty funds, international funds and income oriented funds. Our investment process combines a top-down/bottom-up approach, beginning with identifying forward looking, long term (secular) trends (demographic, technological, industrial, etc) and the companies or industries that should benefit, and then implements a disciplined, bottom-up fundamental analysis. Our analysts and portfolio managers produce a full research report, based on our own internal research, on every security they buy.
US Equity Funds
The growth-oriented Buffalo Funds take a high-quality, long-term, low-turnover approach to equity investing. Our portfolio managers adhere to a strict philosophy of investing in industries and companies that should benefit from "Secular Trends" (i.e., demographic, technological, societal, industry, etc...) that we believe will play out over the next three to five years. These trends must be well-defined, measurable and have a high level of predictability. We believe performing this trend analysis before our rigorous fundamental company analysis sets us apart and differentiates us from many other firms.
Buffalo Micro Cap Fund
Invests in companies with a market capitalization* of less than $600 million. More>
Buffalo Small Cap Fund
Invests in companies with a market capitalization of less than $2.5 billion. More>
Buffalo Mid Cap
Invests in companies with a market capitalization between $1.5 and $10 Billion. More>
Buffalo Large Cap Fund
Invests in companies with a market capitalization over $10 Billion. More>
Buffalo Science and Technology Fund
Invests across all market capitalizations, in companies involved in the development, advancement or use of science and technology. More>
Buffalo Growth Fund
Invests in U.S. based companies, across all market capitalizations, that we believe are positioned to benefit from growth opportunities within the global marketplace. (previously known as the Buffalo USA Global Fund) More>
International Equity Funds
Buffalo International Fund
Invests in a broad mix of foreign companies of various market caps that are expected to benefit from longer-term industry, technological, global or other trends. The portfolio managers place emphasis on fundamental industry and company-specific valuations work. More>
Buffalo China Fund
The Fund invests in securities of "China Companies" with the long term objective of growth of capital. Companies must be principally located in China or Hong Kong, trade in China, have significant operations or production in China, derive over 50% of revenues from China or have at least 50% of their assets in China. More>
Income Oriented Funds
Buffalo Balanced Fund
Invests for income and growth using a combination of common stocks, high-yield corporate bonds and high-yield convertible securities. The allocation of assets invested in each type of security is designed to balance yield income (dividends) and long-term capital appreciation (growth)with reduced volatility of returns. The portfolio manager changes the allocation mix over time based on economic conditions and underlying security values. More>
Buffalo High Yield Fund
Invests in lower-rated, higher-yielding corporate and convertible bonds; primarily seeks a high level of income and secondarily, capital growth. Core holdings are established in industries we believe have favorable long-term trends. More>
*market cap = Market Capitalization, an estimation of the value of a business that is obtained by multiplying the number of shares outstanding by the current price of a share.