Shareholder Report | 12 Months Ended |
Jun. 30, 2024 USD ($) shares |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | PFS FUNDS |
Entity Central Index Key | 0001103243 |
Document Period End Date | Jun. 30, 2024 |
Cargile Fund | |
Shareholder Report [Line Items] | |
Fund Name | Cargile Fund |
Class Name | Cargile Fund |
Trading Symbol | CFNDX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://www.cargilefund.com/literature 1-888-204-1128 |
Additional Information Phone Number | 1-888-204-1128 |
Additional Information Website | https://www.cargilefund.com/literature |
Expenses [Text Block] | What were the Fund costs for the last year? (based on a hypothetical $10,000 investment) Name Costs of a $10,000 Investment Costs Paid as a Percentage of a $10,000 Investment Cargile Fund $164 1.55% |
Expenses Paid, Amount | $ 164 |
Expense Ratio, Percent | 1.55% |
Factors Affecting Performance [Text Block] | Management's Discussion of Fund Performance There was a notable divergence in stock performance across different sectors and styles during the 12 months ending June 30, 2024. Some sectors underperformed due to their cyclical nature and sensitivity to interest rates, while a concentrated few, particularly mega-cap growth and technology, led the market. Bond markets continued to underperform as the Federal Reserve maintained its restrictive interest rate policy to reduce inflation. Trend-following strategies face headwinds as markets move abruptly, generating whipsaw (selling as markets decline and then buying at higher prices when the market turns quickly higher). Diversification also hampered returns as market gains were mostly isolated in the mega-cap growth and technology asset classes. The Fund's fiscal year returns were 11.54%, compared to 12.03% for the S&P Balance Equity and Bond Index-Moderate benchmark. During the calendar year ended June 30, 2024, the Fund kept a portion of its holdings in money markets, which lowered its overall performance compared to the general markets. |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund's past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns One Year Five Years Since Inception 07/09/2018 Cargile Fund 11.54% 0.56% 0.30% S&P 500 ® 24.56% 15.05% 13.85% S&P Balanced Equity & Bond Index - Moderate 12.03% 6.84% 7.23% |
Performance Inception Date | Jul. 09, 2018 |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. |
Net Assets | $ 19,869,908 |
Holdings Count | shares | 3 |
Advisory Fees Paid, Amount | $ 199,602 |
Investment Company, Portfolio Turnover | 519% |
Additional Fund Statistics [Text Block] | Fund Statistics Net Assets ($) $19,869,908 Number of Portfolio Holdings 3 Portfolio Turnover Rate (%) 519% Total Advisory Fees Paid ($) $199,602 |
Holdings [Text Block] | What did the Fund invest in? Top Holdings % of Net Assets Vanguard 500 Index Fund ETF 58.64% Proshares Ultra Russell2000 23.90% Goldman Sachs FS Government Fund Institutional 17.23% Sectors (as % of net assets) Sector % of Net Assets Exchange Traded Funds 82.54% Money Market Fund 17.23% Other Assets in Excess of Liabilites 0.23% |
Largest Holdings [Text Block] | Top Holdings % of Net Assets Vanguard 500 Index Fund ETF 58.64% Proshares Ultra Russell2000 23.90% Goldman Sachs FS Government Fund Institutional 17.23% |