The Buffalo Funds are a family of 10 actively-managed mutual funds offering a variety of domestic equity, international equity, and income-generating investment strategies. We believe that patient investing backed by solid, intelligent research is the best way to achieve potential long-term financial rewards. Disciplined investment decisions are made using a distinct, time-tested investment approach guided by trend analysis, rigorous fundamental company research, and strict security valuation parameters. Our fund family is characterized by a long-term investment strategy and a team-based, idea-sharing management style. "Trends and Patience" is our mantra, and our great strength. Mutual fund investing involves risk. Principal loss is possible. The Fund’s investment objectives risk, charges, and expenses must be considered carefully before investing. The statutory prospectus contains this and other important information about the Funds and may be obtained by calling (800) 49-BUFFALO or visiting buffalofunds.com. Read the prospectus carefully before investing. Kornitzer Capital Management is the advisor to Buffalo Funds, which are distributed by Quasar Distributors, LLC.