7 Buffalo Funds Named to IBD Best Mutual Funds 2021 List

7 Buffalo Funds Named to IBD Best Mutual Funds 2021 List

Media Coverage

7 Buffalo Funds Named to IBD Best Mutual Funds 2021 List

Overview

The Buffalo Funds recently had seven funds selected for the Investor’s Business Daily 2021 Best Mutual Funds Award Winner list, in the 6th annual ranking by the investment publication.

Best U.S. Diversified

  • Buffalo Early Stage Growth Fund
  • Buffalo Small Cap Fund
  • Buffalo Discovery Fund
  • Buffalo Large Cap Fund
  • Buffalo Growth Fund

Best Large Cap

  • Buffalo Large Cap Fund
  • Buffalo Growth Fund

Best Mid Cap

  • Buffalo Discovery Fund

Best Small Cap

  • Buffalo Early Stage Growth Fund
  • Buffalo Small Cap Fund

Best International

  • Buffalo International Fund

Best U.S. Taxable Bond

  • Buffalo High Yield Fund

Funds named to IBD’s list were chosen because they have outperformed their benchmark index over the past 1, 3, 5, and 10-year periods, as of 12/31/20. In order to make the list, funds must have outperformed in all four time periods. IBD made its selections from 3,368 mutual funds that met the criteria of having at least 10 years of operation.

We’re honored that our funds have been recognized in this way by IBD. These funds exemplify our firm’s goal of consistently delivering strong risk-adjusted performance to our shareholders, said Kent Gasaway, president of the Buffalo Funds.

To view IBD’s complete list and analysis of the Best Mutual Funds 2021, please visit: https://www.investors.com/etfs-and-funds/mutual-funds/best-mutual-funds-beating-sp-500-over-last-1-3-5-10-years/

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.

HIGHLIGHT

Seven Buffalo Funds were named to Investor’s Business Daily Best Mutual Funds 2021 list, including the Best U.S. Diversified, Growth, Large Cap, Mid Cap, Small Cap, International, and U.S. Taxable Bond Fund categories.

MEDIA CONTACT

Joel Crampton
Director of Marketing
(913) 647-9881
Email

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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 advisor, or investment consulting firm.

FOR INDIVIDUAL INVESTORS

“This Small-Cap Fund Is Performing Big”

“This Small-Cap Fund Is Performing Big”

“This Small-Cap Fund Is Performing Big”

Buffalo Small Cap Fund co-portfolio manager Jamie Cuellar, CFA, was recently featured in an article in Financial Advisor magazine, discussing the future growth potential of small cap stocks. Jamie also discusses growth vs value investing in small cap companies and why they have significantly outperformed value stocks in recent years.

I think more people are willing to step out on the risk curve given that interest rates are low and the economy is improving, and some people are rotating into small caps because of that. ~ Jamie Cuellar, CFA

The article also goes into the Small Cap Fund’s team approach to the companies held in the Fund, and Jamie identified several companies within the Fund’s portfolio that exemplify their investment philosophy:

  • Kornit Digital – KRNT (NASDAQ)
  • Bandwidth Inc. – BAND (NASDAQ)
  • ICF International – ICFI (NASDAQ)
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The Buffalo Small Cap Fund has been a prime beneficiary of the recent extraordinary rebound in U.S. stocks due to the Fund’s focus on small cap companies, which generally tend to outperform the broader market in economic recoveries.

BUFSX/BUISX Portfolio Managers
– Jamie Cuellar, Alex Hancock, Bob Male
Past performance does not guarantee future results. Earnings growth is not representative of the fund’s future performance.

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. As of 12/31/20 the Buffalo Small Cap Fund held Kornit Digital 1.93%, Bandwidth 1.85%, and ICF International 1.70%. A complete list of the Fund’s holdings can be found here. Fund holdings are subject to change and should not be considered a recommendation to buy or sell any security. ESG (Environmental, Social, and Corporate Governance) refers to the three central factors in measuring the sustainability and societal impact of an investment in a company or business.

Annualized Performance (%)

As of 3/31/213 MOYTD1 YR3 YR5 YR10 YR15 YR20 YRSince Inception
(4/14/98)
BUFFALO SMALL CAP FUND - Investor6.296.29120.7831.9127.4516.0111.7313.1714.02
BUFFALO SMALL CAP FUND - Institutional6.326.32121.1432.1027.6316.1811.9013.3414.19
  Morningstar U.S. Small Growth Index-0.42-0.4281.9218.4819.4313.3610.259.477.59
  Lipper Small Cap Growth Fund Index4.834.8389.9620.1720.4913.479.979.488.58
  Morningstar Small Growth Category6.936.9395.9720.4920.4613.4310.3310.548.86

The expense ratio for BUISX is 0.87% and 1.02% for BUFSX. 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 cost. Current performance of the fund may be lower of higher than the performance quoted and can be found here; quarter-end performance can be found here. Performance is annualized for periods greater than 1 year. Fund performance may be subject to substantial short term changes.

Annualized Performance (%) as of 12/31/20

 1 Yr3 yr5 Yr10 Yr
Buffalo Small Cap Fund (BUFSX)66.3630.2524.4315.94
Russell 2000 Growth Total Return Index34.6316.2016.3613.48

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“Small Companies Profiting From Covid-19 Pivots”

“Small Companies Profiting From Covid-19 Pivots”

“Small Companies Profiting From Covid-19 Pivots”

Overview

Buffalo Small Cap Fund co-portfolio managers Bob Male, CFA, and Jamie Cuellar, CFA, were recently interviewed by Barron’s about small-cap companies using size to their advantage, by pivoting their business models to cater to life amidst the COVID-19 pandemic.

When sales improve, their earnings accelerate much more quickly than large caps. ~ Bob Male, CFA

The team also discusses several companies in the BUFSX/BUISX portfolio that have found innovative ways to shift their business models over the last several months and are now well positioned to benefit from the changing needs of companies, consumers, and society:

  • Quidel – QDEL
  • Pluralsight – PS
  • Lovesac – LOVE
By clicking the button, you are leaving the Buffalo Funds website and entering a third-party website. The Fund is not responsible for, nor can guarantee the accuracy of, any information contained on a third-party website.
HIGHLIGHT

While headlines focus on a half-dozen mega-cap disruptors, many smaller companies have used size to their advantage –– pivoting their businesses to cater to life in the world of Covid-19.

BUFSX/BUISX Portfolio Managers
– Jamie Cuellar, Alex Hancock, Bob Male

Diversification does not assure a profit, nor does it protect against a loss in a declining market. Past performance does not guarantee future results. Earnings growth is not representative of the fund’s future performance. Cash flow is a measure of the cash produced by the firm in a given period on behalf of equity holders. The true measure of the value of a firm’s equity is considered to be the present value of all free cash flows.

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. As of 3/31/20 the Buffalo Small Cap Fund held Quidel 2.46%, Pluralsight 1.32%, and Lovesac 0.79%. A complete list of the Fund’s holdings can be found here. Fund holdings are subject to change and should not be considered a recommendation to buy or sell any security.

Annualized Performance (%)

As of 3/31/213 MOYTD1 YR3 YR5 YR10 YR15 YR20 YRSince Inception
(4/14/98)
BUFFALO SMALL CAP FUND - Investor6.296.29120.7831.9127.4516.0111.7313.1714.02
BUFFALO SMALL CAP FUND - Institutional6.326.32121.1432.1027.6316.1811.9013.3414.19
  Morningstar U.S. Small Growth Index-0.42-0.4281.9218.4819.4313.3610.259.477.59
  Lipper Small Cap Growth Fund Index4.834.8389.9620.1720.4913.479.979.488.58
  Morningstar Small Growth Category6.936.9395.9720.4920.4613.4310.3310.548.86

The expense ratio for BUISX is 0.87% and 1.02% for BUFSX. 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 cost. Current performance of the fund may be lower of higher than the performance quoted and can be found here; quarter-end performance can be found here. Performance is annualized for periods greater than 1 year.

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7 Buffalo Funds Named to IBD Best Mutual Funds 2021 List

Buffalo Funds named to IBD Best Mutual Funds 2020

Media Coverage

Buffalo Funds named to IBD Best Mutual Funds 2020

Overview

The Buffalo International Fund (BUFIX) and the Buffalo High Yield Fund (BUFHX) are included on the Investor’s Business Daily 2020 Best Mutual Funds Award Winner list, in the 5th annual ranking by the investment publication, announced this week.

The International Fund was included in the Best International Stock Funds, and the High Yield Fund was included in the Best U.S. Taxable Bond Funds.

Funds named to IBD’s list were chosen because they have outperformed their benchmark index over the past 1, 3, 5, and 10-year periods, as of 12/31/19. In order to make the list, funds must have outperformed in all four time periods. IBD made its selections from 3,374 mutual funds that met the criteria of having at least 10 years of operation.

We’re honored that our funds have been recognized in this way by IBD. These funds exemplify our firm’s goal of consistently delivering strong risk-adjusted performance to our shareholders, said Clay Brethour, president of the Buffalo Funds.

The Buffalo International Fund is managed by Bill Kornitzer and Nicole Kornitzer, a team that has been in place since 2009.

The Buffalo High Yield Fund is managed by Paul Dlugosch, Jeff Sitzmann, and Jeff Deardorff.

To view IBD’s complete list and analysis of the Best Mutual Funds 2020, please visit: https://www.investors.com/etfs-and-funds/mutual-funds/best-mutual-funds-beating-sp-500-over-last-1-3-5-10-years/

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.

HIGHLIGHT

BUFIX and BUFHX named to Investor’s Business Daily Best Mutual Funds 2020 list in the International Stock Fund and U.S. Taxable Bond Funds categories, respectively.

MEDIA CONTACT

Joel Crampton
Director of Marketing
(913) 647-9881
Email

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 advisor, or investment consulting firm.

FOR INDIVIDUAL INVESTORS

Top 20 Female Portfolio Managers in America 2019

Top 20 Female Portfolio Managers in America 2019

Media Coverage

Top 20 Female Portfolio Managers in America 2019

The Buffalo Funds is pleased to announce Nicole Kornitzer, CFA, was included in Citywire’s annual list of the top 20 female portfolio managers in the United States.

CityWire recently completed an analysis of 16,000 portfolio managers around the world and created a ranking of the top 20 female portfolio managers in the United States. Managers on the list are ranked by risk-adjusted returns of their fund portfolio over the past three years. To make the cut, they must also have top-quartile absolute returns in their particular investment disciplines over that period.

Nicole Kornitzer was included in the list for the second consecutive time – one of only seven women to accomplish the feat. “The fact there are seven of the same names in the 2019 and 2018 lists undoubtedly speaks to these investors’ skills and consistency, but it also reflects the fact that the strategies that worked three years ago – for example, long risk, growth equities and corporate bonds – are still working today,” said Frank Talbot, Head of Investment Research at Citywire.

Nicole, who was ranked #15, has co-managed the Buffalo International Fund since 2009. She also appeared in the Top 20 ranking in 2016.

“We believe Nicole’s inclusion on the Citywire top manager list is a strong testament to the quality of fund managers we have on staff, and we are proud of Nicole’s accomplishments,“ said Clay Brethour, CFA, Buffalo Funds President.

The Buffalo International Fund management team of Nicole Kornitzer and Bill Kornitzer, CFA, (manager since Fund’s inception) consistently apply the Buffalo Funds’ top-down, trend-based analysis, searching for companies that appear poised to benefit from long-term secular growth trends. Thorough country analysis, with an overlay of macro and financial country-specific data, and rigorous bottom-up stock selection help determine investment allocations. Ultimately, stocks are selected based on deep, fundamental research and strict valuation guidelines.

*An explanation of ‘manager ratio’ and how manager ratings are assigned can be found here.

International Fund

International Fund

Total Assets $545.64 Million  (3/31/21)
Expense Ratio 1.05% / 0.90%
Benchmark Morningstar Global Markets ex-US

Nicole Kornitzer, CFA
Portfolio Manager

19 Years of Experience

 View full bio

MEDIA CONTACT

Joel Crampton
Director of Marketing
(913) 647-9881
Email

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 advisor, or investment consulting firm.

FOR INDIVIDUAL INVESTORS

“Small Companies Profiting From Covid-19 Pivots”

How an International Stock Fund Finds Its Winning Recipe

How an International Stock Fund Finds Its Winning Recipe

Overview

Buffalo International Fund co-portfolio manager Nicole Kornitzer, CFA, was recently interviewed by Barron’s about the parallels she finds in gourmet cooking and international investing. In the article, she describes the team’s approach to picking premier growth stocks based on in-depth analysis of company fundamentals and highlights the team’s long-term investment philosophy that focuses less on short-term market movements.

We need to be able to answer the question of why is the company going to continue growing.
~ Nicole Kornitzer, CFA

Nicole also discusses several foreign large-cap stocks in the BUFIX/BUIIX portfolio which illustrate the Fund’s investment process in action:

  • Sartorius Stedim Biotech – DIM.France
  • Tomra – TOM.Norway
  • LVMH Moet Hennessy – MC.France
  • Kering – KER.France
By clicking the button, you are leaving the Buffalo Funds website and entering a third-party website. The Fund is not responsible for, nor can guarantee the accuracy of, any information contained on a third-party website.
Diversification does not assure a profit, nor does it protect against a loss in a declining market. Past performance does not guarantee future results. Earnings growth is not representative of the fund’s future performance.

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. A complete list of the Fund’s holdings can be found here. Fund holdings are subject to change and should not be considered a recommendation to buy or sell any security.

Annualized Performance (%)

As of 5/31/213 MOYTD1 YR3 YR5 YR10 YRSince Inception
(9/28/07)
BUFFALO INTERNATIONAL FUND - Investor10.4611.0742.4014.1315.278.766.74
BUFFALO INTERNATIONAL FUND - Institutional10.5111.1742.6014.3015.448.926.90
  Morningstar Global Markets ex-US Index7.6210.0043.389.1611.045.873.70
  Lipper International Fund Index8.8210.5243.109.7910.986.463.76
  Morningstar Foreign Large Growth Category6.376.5940.3813.1313.348.024.55

The expense ratio for BUIIX is 0.91% and 1.06% for BUFTX. 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 cost. Current performance of the fund may be lower of higher than the performance quoted and can be found here; quarter-end performance can be found here. Performance is annualized for periods greater than 1 year.

BUFIX/BUIIX Portfolio Managers
– Bill Kornitzer, Nicole Kornitzer
HIGHLIGHT

Nicole Kornitzer, Buffalo International Fund co-portfolio manager, discusses her team’s approach to finding premier growth companies that are poised to take advantage of global trends.

MEDIA CONTACT

Joel Crampton
Director of Marketing
(913) 647-9881
Email

Related Articles


7 Buffalo Funds Named to IBD Best Mutual Funds 2021 List

Seven Buffalo Funds were named to Investor’s Business Daily Best Mutual Funds 2021 list, including the Best U.S. Diversified, Growth, Large Cap, Mid Cap, Small Cap, International, and U.S. Taxable Bond Fund categories.

Top 20 Female Portfolio Managers in America 2019

List of the “Top 20 Female Portfolio Managers in the U.S.” according to Citywire includes Buffalo Fund manager Nicole Kornitzer, one of only 7 women to be included in consecutive years.

Kiplinger: Top-Performing Mutual Funds

Kiplinger recognized the Buffalo Small Cap and the Buffalo International funds as “Top-Performing Mutual Funds” in their recent fund analysis.