SEC Company Response from Jacob Funds Inc. (CIK 0001090372) — Dec 6, 2021
Jacob Funds Inc. (CIK 0001090372)
Date: Dec. 6, 2021 · CIK: 0001090372 · Accession: 0000894189-21-008500
AI Filing Summary & Sentiment
File numbers found in text: 333-82865, 811-09447
Letter
VIA EDGAR TRANSMISSION United States Securities and Exchange Commission Division of Investment Management 100 F Street, N.E. Washington, D.C. 20549 Re: Jacob Funds, Inc. (the “Company”) File Nos.: 333-82865 and 811-09447
Dear Ms. Brutlag:
This correspondence responds to comments the Company received from the staff of the U.S. Securities and Exchange Commission (the “Staff” of the “Commission”) with respect to the Company’s Post-Effective Amendment No. 44 to its registration statement, filed on behalf of its series, the Internet Fund (the “Fund”).
For your convenience, the Staff’s comment has been reproduced in bold typeface and is immediately followed by the Company’s response.
1.Staff Comment: With regard to the narrative disclosure below the Fund’s Average Annual Returns table, to the extent applicable, please include disclosure stating that Institutional Class shares have higher expenses than the existing Investor Class shares, and therefore the after-tax returns of the Institutional Class will be lower.
Response: The Company confirms that the expenses for the Institutional Class shares are lower than the expenses of the existing Investor Class shares, and therefore, the requested disclosure is not applicable.
***
If you have any additional questions or require further information, please do not hesitate to contact the undersigned at (920) 360‑7173 or alyssa.bernard@usbank.com.
Sincerely,
/s/ Alyssa M. Bernard
Show Raw Text
CORRESP 1 filename1.htm Document Jacob Funds, Inc. c/o U.S. Bank Global Fund Services 777 East Wisconsin Avenue Milwaukee, Wisconsin 53202 December 6, 2021 VIA EDGAR TRANSMISSION Ms. Samantha Brutlag United States Securities and Exchange Commission Division of Investment Management 100 F Street, N.E. Washington, D.C. 20549 Re: Jacob Funds, Inc. (the “Company”) File Nos.: 333-82865 and 811-09447 Dear Ms. Brutlag: This correspondence responds to comments the Company received from the staff of the U.S. Securities and Exchange Commission (the “Staff” of the “Commission”) with respect to the Company’s Post-Effective Amendment No. 44 to its registration statement, filed on behalf of its series, the Internet Fund (the “Fund”). For your convenience, the Staff’s comment has been reproduced in bold typeface and is immediately followed by the Company’s response. 1.Staff Comment: With regard to the narrative disclosure below the Fund’s Average Annual Returns table, to the extent applicable, please include disclosure stating that Institutional Class shares have higher expenses than the existing Investor Class shares, and therefore the after-tax returns of the Institutional Class will be lower. Response: The Company confirms that the expenses for the Institutional Class shares are lower than the expenses of the existing Investor Class shares, and therefore, the requested disclosure is not applicable. *** If you have any additional questions or require further information, please do not hesitate to contact the undersigned at (920) 360‑7173 or alyssa.bernard@usbank.com. Sincerely, /s/ Alyssa M. Bernard Alyssa M. Bernard Vice President For U.S. Bank Global Fund Services