Buffalo Growth & Income Fund Institutional Class (BUIDX)

Overview

The described investment fund places a significant emphasis on diversification and growth, with a strategic allocation of at least 80% of its net assets towards a balanced mix of growth equity securities and income-producing securities. This approach allows the fund to pursue a comprehensive investment strategy without imposing strict minimum or maximum investment requirements on either asset category. Furthermore, the fund demonstrates a global perspective by potentially allocating up to 20% of its net assets in American Depositary Receipts (ADRs) and securities of foreign companies that are accessible through U.S. stock exchanges, thereby offering investors exposure to international markets.

Products and Services

• Growth Equity Securities:

This class of investments includes stocks that are expected to grow at an above-average rate compared to other companies in the market. The fund allocates a significant portion of its assets to this category, aiming to capitalize on the growth potential of these securities.

• Income Producing Securities:

These are investments designed to generate regular income, such as dividends or interest payments. By investing in income producing securities, the fund seeks to provide its investors with a steady stream of income, contributing to the fund’s overall return.

• American Depositary Receipts (ADRs):

ADRs represent a convenient way to invest in foreign companies' securities without dealing with the complexities of foreign markets. They are issued by U.S. depositary banks and represent shares in foreign companies, but trade on U.S. stock exchanges. The fund may allocate up to 20% of its net assets in both sponsored and unsponsored ADRs, enhancing its international exposure.

• Securities of Foreign Companies:

Aside from ADRs, the fund may directly invest in securities of foreign companies that are traded on U.S. stock exchanges. This permits the fund to diversify its investment portfolio further by gaining exposure to international markets and companies, potentially increasing the opportunity for growth and income.