INVESTMENT ADVISER

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Tandem Investment Advisors, Inc. (“the Adviser”), a Charleston, South Carolina based company, serves as the Investment Adviser to the Tandem Fund (“the Fund”). The Adviser’s principal office is located at 145 King Street, Suite 400, Charleston, South Carolina 29401. The Adviser is a Registered Investment Adviser which offers investment advisory services to individuals including high net worth individuals and investment companies. As of December 31, 2024, the Adviser managed approximately $3.35 billion  in client assets on a discretionary basis and another $157.8 million in Advisory-Only or model-based assets.

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The Adviser has entered into Investment Advisory Agreement (the “Advisory Agreement”) with the Fund, under which the Adviser selects the securities and manages the investments for the Fund, subject to the oversight of The Fund’s Board of Trustees (the “Board”). Under the Advisory Agreement, the Fund pays the Adviser a monthly fee based on an annualized rate of 0.75% of the average daily net asset value of the Fund.

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In addition to the advisory fees described above, the Adviser may also receive certain benefits from its management of the Fund in the form of brokerage or research services received from brokers under arrangements under Section 28(e) of the Securities Exchange Act of 1934 Act, as amended, and the terms of the Advisory Agreement. For a description of these potential benefits, see the description under “Portfolio Transactions And Brokerage Allocation - Brokerage Selection” in the SAI.
 

 

PORTFOLIO MANAGERS

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​John B. Carew

Chief Executive Officer & Founder
40+ Years of Investment Experience

 

John Carew founded Tandem in 1990, after beginning his career in 1985 with Thomson McKinnon Securities, Inc. During his tenure, Tandem’s investment team has been nationally recognized numerous times by leading manager databases. John is a frequent guest speaker on topics including risk, low volatility, investment discipline, equity investing, and general market history and overview. John is a graduate of the University of Virginia with a Bachelor of Arts in Economics.​​​

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William “Billy” L. Little, Jr., CFA

Co-Chief Investment Officer
21+ Years of Investment Experience​

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Billy Little joined Tandem in 2006. He has been instrumental in the development of Tandem’s quantitative discipline—spearheading initiatives to systematize Tandem’s investment-related processes. As Co-Chief Investment Officer, Billy directs Tandem’s quantitative and fundamental research, and portfolio management. Billy also plays a crucial role in ensuring Tandem’s financial health and stability are maintained in his role as Chief Financial Officer, overseeing strategic decision-making and long-term financial planning. Billy began his career in the investment industry in 2004 as a Financial Advisor with Ameriprise Financial in Baltimore, Maryland. He is a regular member of the CFA Institute and past President of the CFA Society South Carolina. Billy graduated from the College of Charleston with a Bachelor of Arts in Business Administration with a concentration in Finance.

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Benjamin “Ben” G. Carew, CFA

Co-Chief Investment Officer
12+ Years of Investment Experience

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Ben Carew joined Tandem in 2013. He manages Tandem’s trading desk, overseeing day-to-day investment operations, including trading, quantitative and fundamental research, and portfolio management. Ben also oversees Tandem’s equity research internship program. He is a regular member of the CFA Institute and the CFA Society South Carolina. Ben currently serves as the Vice Chair for College of Charleston’s School of Business Investment Program, a student program seeking to provide the opportunity for a select group of students to distinguish themselves academically, professionally, and personally. He also sits on the Young Alumni Council at the College of Charleston, created to help strengthen the school’s engagement between alumni and current students. Ben earned a Bachelor of Arts in Economics with a minor in Finance from the College of Charleston’s School of Business.

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Jordan S. Watson, CFA, CMT

Managing Director, Investments
7+ Years of Investment Experience

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Jordan Watson joined Tandem in 2019. His duties include portfolio management, conducting quantitative and fundamental research, and assisting with Tandem’s day-to-day investment operations. In addition, Jordan assists in overseeing Tandem’s equity research internship program. He currently serves on the Advisory Board for the College of Charleston’s School of Business Investment Program. Jordan is a regular member of the CFA Institute and the CFA Society South Carolina. Jordan graduated from the College of Charleston with a Bachelor of Science in Finance with a minor in Real Estate.

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The SAI provides additional information about the compensation of the portfolio managers, other accounts managed, and their ownership of securities in the Fund.