Buffalo Emerging Opportunities Giving Notification of Upcoming Soft‐Close

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Kornitzer Capital Management Inc. (KCM) is announcing its intention to soft‐close the Buffalo Emerging Opportunities Fund when the Fund’s assets under management (AUM) are above $475 million.

Buffalo Emerging Opportunities Giving Notification of Upcoming Soft‐Close

The Fund is to remain open to existing investors and new clients of existing Advisors, Consultants, and Employer Sponsored Retirement Plans (401k, etc.) post the soft close.

Kornitzer Capital Management Inc. (KCM) is announcing its intention to soft‐close the Buffalo Emerging Opportunities Fund when the Fund’s assets under management (AUM) are above $475 million. As of October 22, 2013, the Fund’s AUM approximated $390 million. KCM will file a prospectus supplement when this occurs.

“Buffalo Emerging Opportunities Fund has experienced a steadily growing asset base and investor cash flows year‐to‐date. The intention of this communication is to give investors the opportunity to become shareholders of the Fund before we announce a soft close.” –Kent Gasaway, President of Buffalo Funds.

“In our efforts to provide shareholders a long term strategy for success with the Buffalo Emerging Opportunities Fund, we are implementing a plan to limit certain investor purchases to the Fund. We will continue seeking to build on the Fund’s performance track record through our investments in premier early‐stage growth companies which we believe should benefit from long‐term trends we have identified.” – John Bichelmeyer, Portfolio Manager of Buffalo Emerging Opportunities Fund

Buffalo Emerging Opportunities Fund will remain open to new investors until the above threshold is met at which time a prospectus supplement will be filed and the Fund will be closed to new investors. Post soft‐close, the Fund will remain open to additional investments from existing investors, all clients of existing Advisors, Consultants, and Employer Sponsored Retirement Plans (401k, etc.). Advisors with existing positions in the Fund can continue to make purchases for new accounts (also known as “Grandfathering”).

The Funds’ investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and may be obtained by calling 1‐800‐49‐BUFFALO or visiting http://www.buffalofunds.com. Read carefully before investing.

Mutual fund investing involves risk. Principal loss is possible. The Fund invests in small and micro‐cap companies, which involves additional risks such as limited liquidity and greater volatility. The Fund may invest in foreign securities which will involve political, economic and currency risks, greater volatility and differences in accounting methods. Past performance does not guarantee future results.

The Buffalo Funds are distributed by Quasar Distributors, LLC.

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Stephanie Snyder
Buffalo Funds
+1 (913) 384-4315
Email >

Stephanie Snyder
Buffalo Funds
913-384-4315
Email >