Letter Agreement Christopher Weil & Company Core Investment FundServices Agreement • March 27th, 2018 • PFS Funds
Pursuant to a Services Agreement dated as of December 19, 2011, between PFS Funds (the “Trust”), a Massachusetts business trust, and Christopher Weil & Company, Inc. (the “Adviser”), the Adviser receives a fee of 0.50% in exchange for the provision of certain administrative services for the Christopher Weil & Company Core Investment Fund (the “Fund”), a series of the Trust, and its agreement to pay the operating expenses of the Fund, excluding management fees, brokerage fees and commissions, 12b-1 fees, taxes, borrowing costs (such as (a) interest and (b) dividend expenses on securities sold short), ADR fees, fees and expenses of acquired funds and extraordinary expenses.
Letter Agreement Christopher Weil & Company Core Investment FundManagement Agreement • March 27th, 2018 • PFS Funds
Pursuant to a Management Agreement dated as of December 19, 2011, between PFS Funds (the “Trust”), a Massachusetts business trust, and Christopher Weil & Company, Inc. (the “Adviser”), the Adviser provides certain advisory services to the Christopher Weil & Company Core Investment Fund (the “Fund”). Under the Management Agreement, the Adviser is entitled to receive from the Fund a management fee at an annual rate equal to 1.00% of the average daily net assets of the Fund.
