Buffalo Jayhawk China Fund Added to Buffalo Funds Family.New Fund to Focus on China's Emergence as Leading Economy SHAWNEE MISSION, Kan. -- Buffalo Funds announces the opening of the new Buffalo Jayhawk China Fund. The Fund, sub-advised by Jayhawk Capital Management, Inc., will invest in companies based in or doing business in China. "The growth we've seen as we have traveled to China over the past few years convinced us that we absolutely had to offer a China fund to our clients and shareholders," said John Kornitzer, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Kornitzer Capital Management Inc., manager of the Buffalo Funds. The new no-load fund A type of Mutual Fund that does not impose extra charges for administrative and selling expenses incurred in offering its shares for sale to the public. will invest in Chinese companies expected to benefit from the emergence of China as one of the world's fastest growing economies. The fund will be sub-advised by Kansas City-based Jayhawk Capital, manager of the Jayhawk China Fund LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability , a $420 million hedge fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" focused on investments in China. "Partnering with Jayhawk gives our shareholders access to a manager focused on Chinese equities. This is truly an important milestone for our company," Kornitzer said. The new fund will be available for direct purchases as well as through multiple intermediaries and fund supermarket platforms. Minimum investment in the fund is $2,500 for regular accounts, $250 for IRAs and Coverdell Education Savings Plans. Kornitzer Capital Management introduced its first mutual fund, Buffalo Balanced Fund, more than twelve years ago. Since then they have rounded out their offerings to include their Micro, Small, Mid and Large cap funds, as well as two specialized equity funds (Science and Technology Fund and USA Global Fund) and a High Yield fund. The funds have been recognized in Business Week, Barron's, The New York Times, The New York Times, The Morning daily newspaper, long the U.S. newspaper of record. From its establishment in 1851 it has aimed to avoid sensationalism and to appeal to cultured, intellectual readers. Wall Street Journal, Money, Investor's Business Daily Investor's Business Daily (IBD) is a national newspaper in the United States, published Monday through Friday, that covers international business, finance, and the global economy. Founded in 1984 by William O'Neil, its headquarters are in Los Angeles, California. and Smart Money. For more information on Buffalo Funds, investors can call 1-800-49-BUFFALO. Financial advisors can visit the advisor-only Web site at www.buffalofunds.com/financialadvisors. Individual investors can visit www.buffalofunds.com. 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 it may be obtained by calling 1-800- 49-BUFFALO or visiting www.buffalofunds.com. Read it carefully before investing. Please refer to the prospectus for risks associated with investing in the Buffalo Funds, including, but not limited to, risks involved with investments in foreign securities, lower-rated or non-rated securities, small-capitalization companies and illiquid Illiquid An asset or security that cannot be converted into cash very quickly (or near prevailing market prices). Notes: A house is a good example of an illiquid asset. See also: Cash, Liquidity Illiquid In the context of finance. securities. While the fund is no-load, management and other expenses still apply. Please refer to the prospectus for further details. The Buffalo Funds are distributed by Quasar Distributors, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . 12/06. |
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