Buffalo Discovery Fund named to IBD Best Mutual Funds 2018 List
The Buffalo Discovery Fund (BUFTX) is an Investor’s Business Daily 2018 Best Mutual Funds Award Winner, in the 3rd annual ranking by the investment publication, announced this week. BUFTX was included in 3 categories:
- Midcap funds
- U.S. Diversified Equity funds
- Growth funds
Funds named to IBD’s list were chosen because they have outperformed the broader market over the past 1, 3, 5, and 10-year periods, as of 12/31/17. In order to make the list, funds must have outperformed in all four time periods. IBD made its selections from 2,806 mutual funds that met the criteria of having at least $100 million in assets and 10 years of operation.
“We’re honored that our Discovery Fund has been recognized in this way by IBD. This fund exemplifies our firm’s goal of consistently delivering strong risk-adjusted performance to our shareholders,“ said Clay Brethour, president of the Buffalo Funds and co-manager of the Buffalo Discovery Fund.
Originally launched in 2001 as the Science & Technology Fund, the Discovery Fund has consistently delivered benchmark-beating performance since inception, with a focus on innovation as a key driver in their outperformance. IBD recently profiled the Fund in their March 2018 edition: Innovators Fuel Buffalo Discovery Fund Outperformance
To view IBD’s complete list and analysis of the Best Mutual Funds 2018, please visit: www.investors.com/best-mutual-funds-awards
|As of 12/31/17||1 YR||3 YR||5 YR||10 YR|
|Buffalo Discovery Fund||25.44||11.84||16.16||11.46|
|Russell Midcap Growth Index||25.27||10.30||15.30||9.10|
|S&P 500 Index||21.83||11.41||15.79||8.50|
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed may be worth more or less than their original value. Current performance may be lower or higher than the performance quoted. Performance data current to the most recent month-end may be obtained here. Performance data current to the most recent quarter-end may be obtained here. Performance is annualized for periods greater than 1 year.
Opinions expressed are those of the author or Funds and are subject to change, are not intended to be a forecast of future events, a guarantee of future results, nor investment advice.
References to other mutual funds should not to be considered an offer to buy or sell these securities.
BUFTX named to Investor’s Business Daily Best Mutual Funds 2018 list in the Midcap, U.S. Diversified, and Growth fund categories.
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