# EDGAR Filing Document

**Accession Number:** 0001196878
**File Stem:** 0001413042-25-000581
**Filing Date:** 2025-7
**Character Count:** 4196
**Document Hash:** 489b52be5943fff5bd15cb71e9ec7909
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001413042-25-000581.hdr.sgml**: 20250724

**ACCESSION NUMBER**: 0001413042-25-000581

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250724

**DATE AS OF CHANGE**: 20250724

**EFFECTIVENESS DATE**: 20250724

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PARADIGM FUNDS
- **CENTRAL INDEX KEY:** 0001196878

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** OH

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-100507
- **FILM NUMBER:** 251146410

**BUSINESS ADDRESS:**
- **STREET 1:** NINE ELK STREET
- **CITY:** ALBANY
- **STATE:** NY
- **ZIP:** 12207
- **BUSINESS PHONE:** 5184313516

## Series and Classes Contracts Data

### Paradigm Value Fund (Series ID: S000005314)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Paradigm Value Fund | PVFAX         | C000014505 |

---

### Paradigm Select Fund (Series ID: S000005316)

---

|  |  |  |
|:---|:---|:---|
| Class Name           | Ticker Symbol | Class ID   |
| Paradigm Select Fund | PFSLX         | C000014507 |

---

### Paradigm Micro-Cap Fund (Series ID: S000020362)

---

|  |  |  |
|:---|:---|:---|
| Class Name              | Ticker Symbol | Class ID   |
| Paradigm Micro-Cap Fund | PVIVX         | C000057148 |

---

## Series and Classes Contracts Data

### Paradigm Value Fund (Series ID: S000005314)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000014505 | Paradigm Value Fund | PVFAX           |

### Paradigm Select Fund (Series ID: S000005316)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000014507 | Paradigm Select Fund | PFSLX           |

### Paradigm Micro-Cap Fund (Series ID: S000020362)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000057148 | Paradigm Micro-Cap Fund | PVIVX           |

PARADIGM FUNDS

Paradigm Value Fund (PVFAX)

Paradigm Select Fund (PFSLX)

Paradigm Micro-Cap Fund (PVIVX)

Supplement dated July 24, 2025 to the

STATEMENT OF ADDITIONAL INFORMATION dated May 1, 2025

Effective at the close of business June 30, 2025, Robert A. Benton, concluded his service as Treasurer and Chief Financial Officer to the Paradigm Funds. Peter J. McMillen has succeeded him as Treasurer and Chief Financial Officer. Information about Mr. McMillen is presented below and replaces information regarding Mr. Benton. Any information to the contrary in the Statement of Additional Information to the contrary should be disregarded.

<u>Interested Trustees and Officers<br></u> 

<br> ---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Name, Address<sup>1</sup> and Year of Birth | Position(s) Held with Paradigm Funds | Term of Office and Length of Time Served | Principal Occupation(s)<br> During the Past 5 Years | Number of Funds in the Trust Overseen by Trustee | Other Directorships Held by the Trustee During the Past 5 Years |
| Peter J. McMillen,<br> (1966)<br>| Treasurer and Chief Financial Officer<br>| Indefinite Term, Treasurer and Chief Financial Officer Since July 2025 | Controller of Paradigm Funds Advisor LLC and affiliated advisor (2006 – June 2025), SVP and CFO of Paradigm Funds Advisor LLC and affiliated advisor (July 2025 – current). Controller of C.L. King & Associates, Inc., a registered broker dealer (2006 - June 2025). SVP and CFO of C.L. King & Associates, Inc., a registered broker dealer (July 2025 – current). | N/A | N/A |

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1 The address of each trustee and officer is c/o Paradigm Funds, Nine Elk Street, Albany, NY 12207.

\*\*\*\*\*\*\*\*\*\*\*\*

*The Prospectus for each Fund and the Statement of Additional Information each dated May 1, 2025, provide information about the Funds and should be retained for future reference. These documents have been filed with the Securities and Exchange Commission and are incorporated herein by reference. All of these documents are available upon request and without charge by visiting the Funds' website at www.paradigm-funds.com or by calling 1-800-595-3044 toll free.*

 

*Please retain this Supplement for future reference.*