BUIEX Fees and Costs — Buffalo Blue Chip Growth Fund, Institutional Class
Data updated: 2026-08-21
The net expense ratio is 0.78%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $40K in broker commissions, 0.0246% of average net assets, and portfolio turnover was 52%.
BUIEX Fees and Expenses
Annual operating expenses and sales charges of BUIEX. Prospectus, as of July 29, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.78% |
| Fee waiver | — |
| Net expense ratio | 0.78% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
BUIEX Costs Over Time
On $10,000 invested in BUIEX, assuming 5% a year before costs, total costs come to $505 over 5 years, cutting the return by 0.84% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.78%) | $82 | $256 | $445 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $277 | $505 |
| Value after costs | $10,416 | $11,299 | $12,258 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
BUIEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0246%
- Total broker commissions: $40K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 52%
- Securities lending: none during the year
BUIEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet, LLC | $22K | 54.69% |
| Morgan Stanley & Co. LLC | $9K | 21.61% |
| William Blair & Co. LLC | $3K | 7.37% |
| Cowen Execution Services LLC | $2K | 5.80% |
| Jefferies LLC | $2K | 4.89% |
| Stifel Nicolaus & Co., Inc. | $1K | 2.80% |
| J.P. Morgan Securities LLC | $645 | 1.63% |
| Robert W. Baird & Co., Inc. | $482 | 1.21% |
Buffalo Blue Chip Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BUIEX | Institutional Class | 0.78% | — |
| BUFEX | Investor Class | 0.91% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.