Our History

Home > About Us > Our History

Quick Facts

– – – – – – – – – – – – – –

Year Founded
  1994

# of Mutual Funds
  10 / no-load / actively-managed

Advisor to the Funds
  Kornitzer Capital Management

Media Contact
  Contact Marketing

Institutional/Advisor Relations
  Email Sales

Shareholder Service
  Contact Us

The Buffalo Funds were launched in 1994 as a way to provide managed investment vehicles for the private accounts of clients of Kornitzer Capital Management, the Funds’ adviser. From the initial launch of the Flexible Income Fund, 9 additional no-load mutual funds have been introduced, featuring varying strategies, capital size ranges, and investment objectives.

The firm has grown in assets under management and personnel, and we continue to grow as investors come to recognize us as conscientious, long-term, focused money managers. While the funds are no-load, management and other expenses still apply. Please refer to the prospectus for further details.

Origin of the Fund Name

The Buffalo Funds name originated with the idea of the American buffalo, which provided food, clothing, and shelter for Native Americans throughout the Midwest for thousands of years.

Buffalo Funds established

August 1, 1994

Flexible Income Fund Launched

August 12, 1994

The Buffalo Flexible Income Fund (BUFBX) (formerly the Buffalo Balanced Fund) invests primarily for income, with a growth component to offset inflation, using income generating bonds and common stocks.

Growth Fund Launched

May 19, 1995

The Buffalo Growth Fund (BUFGX) (formerly Buffalo USA Global Fund) is a mid-large cap growth fund that invests in U.S.-based companies that can be beneficiaries of global growth trends.

Large Cap Fund Launched

May 19, 1995

The Buffalo Large Cap Fund (BUFEX) seeks companies with market caps of $10 billion or greater at the time of initial purchase.

High Yield Fund Launched

May 19, 1995

The Buffalo High Yield Fund (BUFHX) seeks a high level of current income and, secondarily, capital growth through higher-yielding, high-risk, fixed income securities.

Small Cap Fund Launched

April 14, 1998

The Buffalo Small Cap Fund (BUFSX) seeks to invest in companies with market capitalization in the range of the Russell 2000 Growth Index at the time of purchase, creating a portfolio of 50-70 positions.

Discovery Fund Launched

April 16, 2001

The Buffalo Discovery Fund (BUFTX) (formerly the Buffalo Science & Technology Fund) seeks to invest in companies with market capitalization in the range of the Russell Midcap Index at the time of purchase, creating a portfolio of 65-85 positions.

Mid Cap Fund Launched

December 17, 2001

The Buffalo Mid Cap Fund (BUFMX) seeks to invest in companies with market capitalization in the range of the Russell Midcap Growth Index at the time of purchase, creating a portfolio of 50-70 positions.

Early Stage Growth Fund Launched

May 5, 2004

The Buffalo Early Stage Growth Fund (BUFOX) (formerly Buffalo Microcap Fund and the Buffalo Emerging Opportunities Fund) invests in companies with market capitalizations below the Fund’s benchmark index median market cap and are companies that are starting to develop a new product or service or have recently developed a new product or service.

International Fund Launched

September 28, 2007

The Buffalo International Fund (BUFIX) invests in a broad range of foreign companies, with diversification across market caps, industries, and geographies.

Dividend Focus Fund Launched

December 3, 2012

The Buffalo Dividend Focus Fund (BUFDX) seeks, as a primary objective, current income, with long-term growth of capital as a secondary objective.

Fundamental Approach

We get to know the companies we invest in and learn how they run their business.

Top-Down & Bottom-Up

We identify Top-Down broad, secular growth trends and search for companies from the Bottom-Up.

Proprietary Philosophy

We construct our portfolios based on our own proprietary investment strategy.

Disciplined Investing

Sticking to our disciplined investment strategy ensures we maintain a consistent, balanced approach.

Sign Up for Automatic Updates

Stay up-to-date with the most recent media coverage and press releases about the Buffalo Funds.

FOR FINANCIAL PROFESSIONALS

Terms of Use – Email lists are created for use by U.S. investment professionals only and are published strictly for informational purposes. Providing access to the content of these emails does not explicitly or implicitly constitute a solicitation of services or products of the Buffalo Funds, Kornitzer Capital Management, or any of their affiliates. The information contained in the emails is not intended for distribution to, or for use by, investment professionals in a jurisdiction where distribution or purchase is not authorized. The information contained in these emails is not appropriate for use by individual investors. By registering for any of these emails, you agree to Buffalo's terms and conditions and that you are qualified as an institutional investor or otherwise member of a registered broker/dealer, registered investment adviser, or investment consulting firm.

FOR INDIVIDUAL INVESTORS