Notification of Election Pursuant to Rule 18f-1 (n-18f1)
03 Abril 2014 - 1:35PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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WASHINGTON, D.C. 20549
FORM N-18F-1
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NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1
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UNDER THE INVESTMENT COMPANY ACT OF 1940
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PFS FUNDS
NOTIFICATION OF ELECTION
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The undersigned registered open-end investment company hereby notifies the Securities and Exchange Commission (Commission) that it elects to commit itself to pay in cash all redemptions by a shareholder of record as provided by Rule 18f-1 under the Investment Company Act of 1940. It is understood that this election is irrevocable while such rule is in effect unless the Commission by order upon application permits the withdrawal of this Notification of Election.
Pursuant to the requirements of Rule 18f-1 under the Investment Company Act of 1940, the registrant has caused this notification of election to be duly executed on its behalf in the city of El Cajon and the state of California on the 1st day of April, 2014.
PFS FUNDS
With Respect to the NWM Momentum Fund
By:
/s/ Ross C. Provence
Ross C. Provence
President
Attest:
/s/ Jeffrey R. Provence
Print Name: Jeffrey R. Provence
Title: Trustee, Secretary and Treasurer
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