Buffalo Funds named to IBD Best Mutual Funds 2020

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 Bob Male, Jamie Cuellar, and Alex Hancock.

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

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“Money Life Market Call” with Buffalo International Fund PM Bill Kornitzer

“Money Life Market Call” with Buffalo International Fund PM Bill Kornitzer

Media Coverage

“Money Life Market Call” with Buffalo International Fund PM Bill Kornitzer

Overview
Buffalo Funds International co-portfolio manager Bill Kornitzer, CFA, recently appeared on the “Money Life with Chuck Jaffe” podcast. During the call, Bill goes in-depth on investing internationally and provides his viewpoints on the current U.S. trade wars, Brexit, and global markets. During the podcast, Bill answers the following questions:
  • What methodology do you follow?
  • Where does price factor into your fundamental analysis?
  • What companies are good presentations of your strategy in action?

We’re really focused on achieving favorable returns for our shareholders relative to the risk that we take. Our core belief is very simple. We believe that over time stock prices and valuations will follow a company’s fundamentals. So we’re looking for companies that can grow through the economic cycle.
~ Bill Kornitzer, CFA, Co-Portfolio Manager, Buffalo International Fund

MORE ABOUT BILL


Bill Kornitzer, CFA
Portfolio Manager
28 Years of Experience
 View full bio

Opinions expressed are those of the author or Funds as of 2/21/20 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 full listing of the Buffalo International Fund portfolio holdings can be found here. Past performance does not guarantee future results. Earnings growth is not representative of the Fund’s future performance.

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

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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.

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Kiplinger: Top-Performing Mutual Funds

Media Coverage

Kiplinger: Top-Performing Mutual Funds

Overview

Kiplinger recognized the Buffalo Small Cap and the Buffalo International Funds as “Top-Performing Mutual Funds” in their recent fund analysis for the period ending October 31, 2019.

The Buffalo Small Cap Fund (BUFSX) ranked #3 in the Small-Company Stock Funds category for 20-year annualized returns, and the Buffalo International Fund (NASDAQ: BUFIX) ranked #10 in the International Diversified Large-Company Funds category for 5-year annualized returns.

Management Teams:

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 funds may be lower of higher than the performance quoted. Quarter-end performance can be obtained here and month-end performance can be obtained here.
Small Cap Fund

Small Cap Fund

Total Assets $439.76 Million  (3/31/20)
Expense Ratio 1.01% / 0.86%
Benchmark Morningstar U.S. Small Growth

International Fund

International Fund

Total Assets $361.63 Million  (3/31/20)
Expense Ratio 1.06% / 0.91%
Benchmark Morningstar Global Markets ex-US

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

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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.

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“Money Life Market Call” with Buffalo International Fund PM Bill Kornitzer

“Big Interview” with Buffalo International Fund PM Bill Kornitzer

Media Coverage

“Big Interview” with Buffalo International Fund PM Bill Kornitzer

Overview
Buffalo Funds International co-portfolio manager Bill Kornitzer, CFA, recently appeared on the “Money Life with Chuck Jaffe” podcast. During the call, Bill goes in-depth on investing internationally and provides his viewpoints on the current U.S. trade wars, Brexit, and global markets. During the podcast, Bill answers the following questions:
  • If we’re in a “holding” pattern domestically, are we also in a holding pattern internationally?
  • How do you believe the trade wars will be resolved (specifically regarding China)?
  • What impact will Brexit have on investing in European companies?
  • How do low or negative interest rates affect the global bond markets?
  • Is there a specific part of the world investors should look to invest in or avoid?

The U.S. leads the world economy – so goes the U.S., so goes the rest of the globe. Just as the large U.S. companies have extensive exposure to the various international markets, the large multinational firms based in Europe, Japan and Asia have the same kind of exposure to the U.S. Everyone gets affected the same.
~ Bill Kornitzer, CFA, Co-Portfolio Manager, Buffalo International Fund

MORE ABOUT BILL


Bill Kornitzer, CFA
Portfolio Manager
27 Years of Experience
 View full bio

Opinions expressed are those of the author or Funds as of 9/27/19 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. “Dry powder” refers to cash reserves kept on hand by a company (or mutual fund) to cover future obligations, purchase assets, or make acquisitions. Past performance does not guarantee future results. Earnings growth is not representative of the Fund’s future performance.

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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.

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How an International Stock Fund Finds Its Winning Recipe

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 4/30/203 MOYTD1 YR3 YR5 YR10 YRSince Inception
(9/28/07)
BUFFALO INTERNATIONAL FUND - Investor-11.65-12.91-4.304.734.946.203.84
BUFFALO INTERNATIONAL FUND - Institutional-11.59-12.85-4.144.895.106.363.99
  Morningstar Global Markets ex-US Index-15.59-17.89-11.59-0.330.363.380.78
  Lipper International Fund Index-15.02-17.36-10.85-0.410.263.750.75
  Morningstar Foreign Large Growth Category-10.78-12.21-3.843.622.785.421.68

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


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.

US News & World Report: Best Mutual Funds

Media Coverage

US News & World Report: Best Mutual Funds

Overview

U.S. News & World Report recognized the Buffalo International Fund in their recent “Best Mutual Funds” fund analysis for the period ending July 31, 2019.

The Buffalo International Fund (NASDAQ: BUFIX) ranked #2 out of 470 Foreign Large Growth funds based on the overall equal weightings of ratings from 5 data sources – Morningstar, Lipper, Zacks, CFRA S&P, TheStreet.

Management Team:

Performance quoted by US News may not be current. For current quarter-end standardized performance and disclosure information, please click here.

Current U.S. News ranking and additional information can be found here https://money.usnews.com/funds/mutual-funds/foreign-large-growth/buffalo-international-fund/bufix . The Overall Morningstar Rating™ for a managed product is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating™ metrics. While the U.S. News Mutual Fund Score combines all 5 equally weighted category scores to achieve its weighting, Lipper intends its measures to be used as individual assessments of a fund’s ability to meet specific goals, rather than as a cumulative measure of fund quality. Lipper rankings are comprised of five unique measures (Total Return, Consistent Return, Preservation, Expense, and Tax Efficiency), each with a 1-to-5 score, ranking each fund against its peers. The highest 20% of funds in each peer group are named Lipper Leaders, the next 20% receive a rating of 4, the middle 20% are rated 3, the next 20% are rated 2, and the lowest 20% are rated 1. The overall calculation is based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable). Lipper Ratings for Total Return reflect funds’ historical total return performance relative to peers. Lipper Ratings for Consistent Return reflect funds’ historical risk-adjusted returns, relative to peers. Lipper Ratings for Preservation reflect funds’ historical loss avoidance relative to other funds within the same asset class. Lipper Ratings for Tax Efficiency reflect funds’ historical success in postponing taxable distributions relative to peers. Lipper Ratings for Expense reflect funds’ expense minimization relative to peers with similar load structures. The Zacks Mutual Fund Rank ranks funds on a scale from 1 to 5, with 1 being a Strong Buy and 5 being a Strong Sell. Each quarter, Zacks updates their Mutual Fund Rank by evaluating the average Zacks Rank for the stocks owned by the fund and blending this with other criteria their studies show is beneficial in finding funds that will outperform in the future. In general, the higher the average Zacks Rank for the stocks in the fund, then the higher the Zacks Mutual Fund Rank. TheStreet.com Ratings Investment Ratings for Funds condense the available fund performance and risk data into a single composite opinion of each fund’s risk-adjusted performance. “A (Buy) Excellent” rating means the fund has an excellent track record of maximizing performance while minimizing risk, thus delivering the best possible combination of total return on investment and reduced volatility. “B (Buy) Good” rating means the fund has a good track record of balancing performance with risk. “C (Hold) Fair” rating ratings means the fund has a track record which is about average. “D (Sell) Weak” rating means the fund has underperformed the universe of other funds given the level of risk in its underlying investments, resulting in a weak risk-adjusted performance. “E (Sell) Very Weak” rating means the fund has significantly underperformed most other funds given the level of risk in its underlying investments, resulting in a very weak risk-adjusted performance. The plus sign (+) is an indication that the fund is in the top third of its letter grade. The minus sign (-) is an indication that the fund is in the bottom third of its letter grade. “U Unrated” rating means the fund does not have sufficient history to make a reliable assessment of its risk-adjusted performance. The CFRA Rankings range from five-star (highest) to one-star (lowest) and follow a normalized distribution curve, based upon the fund’s rank in its Category. Top 10% receive 5 stars, next 20% receive 4 stars, middle 40% receive 3 stars, next 20% receive 2 stars, and the bottom 10% receive 1 star. Rankings are refreshed on a weekly basis to incorporate the latest inputs from the holdings-based analysis and the latest relative performance review. The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating™ for a managed product is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating™ metrics. The weights are: 100% 3-year rating for 36-59 months of total returns, 60% 5-year rating/40% 3-year rating for 60-119 months of total returns, and 50% 10-year rating/30% 5-year rating/20% 3-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent 3-year period actually has the greatest impact because it is included in all 3 rating periods. ©2019 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

International Fund

International Fund

Total Assets $361.63 Million  (3/31/20)
Expense Ratio 1.06% / 0.91%
Benchmark Morningstar Global Markets ex-US

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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