XML 12 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType 485BPOS
Document Period End Date dei_DocumentPeriodEndDate Sep. 30, 2013
Registrant Name dei_EntityRegistrantName Conestoga Funds
Central Index Key dei_EntityCentralIndexKey 0001175813
Amendment Flag dei_AmendmentFlag false
Prospectus Date rr_ProspectusDate Jul. 01, 2014
Conestoga Small Cap Fund
  
Risk/Return: rr_RiskReturnAbstract  
Objective [Heading] rr_ObjectiveHeading

Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Conestoga Small Cap Fund seeks to provide long-term growth of capital.
Expense [Heading] rr_ExpenseHeading

Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold Institutional Class shares of the Conestoga Small Cap Fund.
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading

Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio).  A higher portfolio turnover may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.  These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance.  During the most recent fiscal year (ended September 30, 2013) the Fund’s portfolio turnover rate was 14.98% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 14.98%
Expense Example [Heading] rr_ExpenseExampleHeading

Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Conestoga Small Cap Fund with the cost of investing in other mutual funds.  The Example assumes that you invest $10,000 in the Fund for the time periods indicated (the Example for one year reflects the contractual expense limitation described above; the amounts for the other years reflect the Fund’s gross expenses) and then redeem all of your shares at the end of those periods.  The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.  Although your actual costs may be higher or lower, under these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading

Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal market circumstances, the Fund invests at least 80% of its net assets in equity securities of small-cap companies.  Equity securities include American depositary receipts (“ADRs”), convertible securities, foreign and domestic common and preferred stocks, rights and warrants.  While there is no limit on investing in foreign securities, the Fund doesn’t expect investments in foreign securities to exceed 20% of the Fund’s total assets.  “Small-cap companies” are companies that, at the time of purchase, have market capitalizations of up to $2.5 billion.  The Fund will not change this policy unless it notifies shareholders at least 60 days in advance.  For purposes of this policy, “net assets” includes any borrowings for investment purposes. The Adviser follows an investment style sometimes called “GARP” or “Growth At a Reasonable Price.”  The Adviser generally invests the Fund’s assets in small-cap companies with expected earnings growth that exceed that of the average of all U.S. publicly traded companies, where valuations seem reasonable compared to the expected earnings growth, where fundamental financial characteristics appear to be strong, where (in the Adviser’s opinion) the business model offers sustainable competitive advantage, and where management has an important ownership stake in the company.  The Adviser uses a bottom-up approach in selecting securities.  There is no guarantee that the Fund will achieve its objective.
Risk [Heading] rr_RiskHeading

Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You may lose money by investing in the Fund. The Fund is subject to the following principal risks, more fully described in “Risks Factors” in this prospectus. The Fund’s net asset value and total return may be adversely affected for a number of reasons, including, without limitation, if any of the following occurs:

 - The market values of securities acquired by the Fund decline;

 - The Adviser does not execute the Fund’s principal investment strategies effectively;

 - A security’s price fluctuates in response to events affecting the issuer’s profitability or viability;

 - Smaller, less seasoned companies lose market share or profits to a greater extent than larger, established companies in times of deteriorating economic conditions;

 - A company’s earnings do not increase as expected;

Foreign securities markets may be more volatile and subject to less governmental supervision than their counterparts in the U.S. foreign securities are subject to fluctuations in currency exchange rates.

By itself, the Fund does not constitute a complete investment plan and should be considered a long-term investment for investors who can afford to weather changes in the value of their investment.
Risk Lose Money [Text] rr_RiskLoseMoney You may lose money by investing in the Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading

Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following information provides some indication of the risks of investing in the Fund by showing changes in the performance of Investors Class shares of the Fund from year to year and by showing how the Fund’s average annual returns for one, five and ten year periods compare with those of broad measures of market performance.   Past performance of the Fund (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.  Updated performance information is available on the Fund’s website: www.conestogacapital.com/mutual fund.htm.

As of the date of this prospectus, Institutional Class shares of the Small Cap Fund had not been offered for sale. The returns below represent the returns for Investors Class shares of the Small Cap Fund (formerly, “Shares”) which are offered in a separate prospectus.  Institutional Class shares and Investors Class shares of the Small Cap Fund should have returns that are substantially the same because they represent investments in the same portfolio securities and differ only to the extent that they have different expenses.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.conestogacapital.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. 
Bar Chart [Heading] rr_BarChartHeading

Calendar Year Total Return
Annual Return 2004 rr_AnnualReturn2004 18.81%
Annual Return 2005 rr_AnnualReturn2005 4.39%
Annual Return 2006 rr_AnnualReturn2006 9.45%
Annual Return 2007 rr_AnnualReturn2007 6.43%
Annual Return 2008 rr_AnnualReturn2008 (27.35%)
Annual Return 2009 rr_AnnualReturn2009 29.09%
Annual Return 2010 rr_AnnualReturn2010 23.99%
Annual Return 2011 rr_AnnualReturn2011 4.55%
Annual Return 2012 rr_AnnualReturn2012 11.00%
Annual Return 2013 rr_AnnualReturn2013 49.26%
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

During the period shown in the chart, the Fund’s best performing quarter was for the three months ended 06/30/2009: 19.10%. During the same period, the Fund’s worst performing quarter was for the three months ended 12/31/2008: -21.51%.  The total return for the Small Cap Fund for the 3-month period ended March 31, 2014 was -5.95%.

This table compares the Fund’s average annual total returns for Investors Class shares for the periods ended December 31, 2013 to those of the Russell 2000 Index and the Russell 2000 Growth Index.  The after-tax returns are calculated using the historical highest individual federal marginal income tax rates.  These after-tax returns do not reflect the effect of any applicable state or local taxes.  Your after-tax returns may differ from those shown. After-tax returns are not relevant to shareholders investing through tax-deferred programs such as an IRA plan.  Future results may be different from those shown.
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best performing quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 19.10%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst performing quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (21.51%)
Performance Table Heading rr_PerformanceTableHeading

Average Annual Total Returns as of 12/31/13

Conestoga Small Cap Fund (Inception 10/1/02):
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate The after-tax returns are calculated using the historical highest individual federal marginal income tax rates.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to shareholders investing through tax-deferred programs such as an IRA plan.
Conestoga Small Cap Fund | -Comparison Index- Russell 2000 Index (the performance information for this index reflects no deduction for fees, expenses or taxes)
  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 38.82%
5 Years rr_AverageAnnualReturnYear05 20.08%
10 Years rr_AverageAnnualReturnYear10 9.07%
Conestoga Small Cap Fund | -Comparison Index- Russell 2000 Growth Index (the performance information for this index reflects no deduction for fees, expenses or taxes)
  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 43.30%
5 Years rr_AverageAnnualReturnYear05 22.58%
10 Years rr_AverageAnnualReturnYear10 9.41%
Conestoga Small Cap Fund | Institutional Class
  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.90%
Distribution (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Servicing Fees rr_Component1OtherExpensesOverAssets 0.10%
Other Operating Expenses rr_Component2OtherExpensesOverAssets 0.10%
Other Expenses rr_OtherExpensesOverAssets 0.20% [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.10%
Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.20%) [2]
Total Annual Fund Operating Expenses After Expense Limitation rr_NetExpensesOverAssets 0.90%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 92
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 330
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 587
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,322
1 Year rr_AverageAnnualReturnYear01 49.26%
5 Years rr_AverageAnnualReturnYear05 22.62%
10 Years rr_AverageAnnualReturnYear10 11.27%
Conestoga Small Cap Fund | Institutional Class | Return After Taxes on Distributions
  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 48.72%
5 Years rr_AverageAnnualReturnYear05 22.30%
10 Years rr_AverageAnnualReturnYear10 10.99%
Conestoga Small Cap Fund | Institutional Class | Return After Taxes on Distributions and Sale of Fund Shares
  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 28.28%
5 Years rr_AverageAnnualReturnYear05 18.52%
10 Years rr_AverageAnnualReturnYear10 9.28%
[1] The Fund has adopted a Shareholder Servicing Plan on behalf of Institutional Class shares that will allow the Fund to pay an annual fee of up to 0.25% of its average daily net assets for providing services to the Fund's Institutional Class shareholders.
[2] Conestoga Capital Advisors, LLC (the 'Adviser') has contractually agreed to limit the Fund's "Total Annual Fund Operating Expenses" (excluding taxes, extraordinary expenses, reorganization expenses, brokerage commissions, interest, other expenditures that are capitalized in accordance with generally accepted accounting principles, and other extraordinary expenses not incurred in the ordinary course of such Fund's business) for Institutional Class shares to 0.90% of the Fund's average daily net assets until at least January 31, 2016, subject to termination at any time at the option of the Board of Trustees (the 'Board'). If it becomes unnecessary for the Adviser to waive fees or make reimbursements, the Adviser may recapture any of its prior waivers or reimbursements for a period not to exceed two fiscal years after the fiscal year in which the waiver or reimbursement was made to the extent such a recapture does not cause the "Total Annual Fund Operating Expenses" to exceed the applicable expense limitation that was in effect at the time of the waiver or reimbursement.