John Kornitzer's shop has rechristened its Science & Technology Fund
as the Buffalo Discovery Fund
. This change was noted
in a supplement to the fund's prospectus.
The goal of the name change is to clarify the fund's investment goals. Laura Gibson
, marketing director for Buffalo Funds
, told MFWire
that the fund's PMs focus on innovative firms that have potential for continual, rapid expansion and sustainability, not exclusively companies in the science and technology sectors.
Gibson notes that this "is strictly a name change." The fund will have the same managers and the same investment focus as before, heavily emphasizing innovation and growth.
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