Buffalo Funds Promotes Research Analyst to Portfolio Manager

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Effective May 15, 2015, Doug Cartwright, CFA is named as a Co-Manager of the Buffalo Emerging Opportunities Fund.

Kornitzer Capital Management (KCM), investment advisor to the Buffalo Funds, is pleased to announce the following promotion:

Mr. Doug Cartwright, CFA has joined Mr. Craig Richard, CFA as a co-manager of the Buffalo Emerging Opportunities Fund following the resignation of Mr. John Bichelmeyer from the firm. “Doug’s success and hard work as a research analyst has earned the confidence and respect of the other portfolio managers as this promotion illustrates. We are confident he will excel with the added responsibility as a co-manager of the Fund,” said Mr. Clay Brethour, President of the Buffalo Funds.

Mr. Doug Cartwright, CFA joined KCM in May of 2013 as an equity research analyst covering media and entertainment companies, as well as, consumer-related sectors of the marketplace. Immediately prior to joining the firm, Mr. Cartwright worked as an equity and fixed income research analyst for Kellogg Asset Management in Green Bay, Wisconsin. Other industry experience includes time with Waddell & Reed Investment Management Company in Overland Park, Kansas, dating back to 2006. Mr. Cartwright has a Bachelor of Arts degree from Baylor University and a MBA from The University of Wisconsin-Madison.

For more information about the Buffalo Funds, visit http://www.buffalofunds.com, or call 1-800-49-BUFFALO.

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 Buffalo Funds are distributed by Quasar Distributors, LLC.

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Michelle Lynn
Buffalo Funds
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