# EDGAR Filing Document

**Accession Number:** 0001103243
**File Stem:** 0001413042-25-000922
**Filing Date:** 2025-11
**Character Count:** 3501
**Document Hash:** 512bfe4c6a07edf66317beee22eb8ba5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001413042-25-000922.hdr.sgml**: 20251110

**ACCESSION NUMBER**: 0001413042-25-000922

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251110

**DATE AS OF CHANGE**: 20251110

**EFFECTIVENESS DATE**: 20251110

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PFS FUNDS
- **CENTRAL INDEX KEY:** 0001103243

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-94671
- **FILM NUMBER:** 251465884

**BUSINESS ADDRESS:**
- **STREET 1:** 1939 FRIENDSHIP DRIVE
- **STREET 2:** STE C
- **CITY:** EL CAJON
- **STATE:** CA
- **ZIP:** 92020
- **BUSINESS PHONE:** 6185889700

**MAIL ADDRESS:**
- **STREET 1:** 1939 FRIENDSHIP DRIVE
- **STREET 2:** STE C
- **CITY:** EL CAJON
- **STATE:** CA
- **ZIP:** 92020

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PREMIER FUNDS TRUST
- **DATE OF NAME CHANGE:** 20100119

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WIRELESS FUND
- **DATE OF NAME CHANGE:** 20000113

## Series and Classes Contracts Data

### Tandem Fund (Series ID: S000065065)

---

|  |  |  |
|:---|:---|:---|
| Class Name  | Ticker Symbol | Class ID   |
| Tandem Fund | TANDX         | C000210708 |

---

## Series and Classes Contracts Data

### Tandem Fund (Series ID: S000065065)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000210708 | Tandem Fund  | TANDX           |

**Castle Tandem Fund (TANDX)**

<br> **(the "Fund")**

A series of PFS Funds

Supplement dated November 11, 2025

to the Fund's Prospectus and Statement of Additional Information dated November 1, 2025

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

**<u>Important Notice Regarding the New Investment Adviser</u>**

At a shareholder meeting held on November 10, 2025, shareholders of the Fund approved a new investment advisory agreement between PFS Funds (the "Trust") and Tandem Investment Advisors, Inc. ("Tandem") for the Fund. As a result, effective November 11, 2025, Tandem is the investment adviser of the Fund and replaces Castle Investment Management, LLC. As discussed in the proxy statement for the shareholder meeting, Tandem was the former investment sub-adviser for the Fund. The Fund no longer has an investment sub-adviser.

<u>Name Change</u>. Additionally, in connection with Tandem becoming the new investment adviser, the Fund's name is changed to the "Tandem Fund."

<u>Lower Fund Expenses</u>. As also discussed in more detail in the proxy statement, effective November 11, 2025, and pursuant to Tandem's proposed reduction in the investment management fee, the investment management fee is reduced to an annual rate of 0.75% of the average daily net assets as compared to the former rate of 1.00%. The lower investment management fee along with other fee waivers by Tandem will result in an overall net fee that is significantly less (0.66% vs 1.01%) than the Fund's former overall net fee. There are no other changes that will affect the Fund - the portfolio managers, investment objective, principal strategies and principal risks remain the same.

<u>Updated Prospectus and SAI</u>. An updated and fully restated prospectus and SAI for the Fund describing Tandem and these changes in more detail is expected to be filed with the Securities and Exchange Commission and distributed to shareholders as soon as possible.

**PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE**