Filed Pursuant to Rule 497(e)
Registration No. 333-82865; 811-09447
Jacob Internet Fund
Jacob Small Cap Growth Fund
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Investor Class
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JSCGX
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Institutional Class
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JSIGX
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Jacob Discovery Fund
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Investor Class
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JMCGX
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Institutional Class
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JMIGX
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(Each a "Fund," together, the "Jacob Funds")
Supplement dated January 16, 2026 to the
Statement of Additional Information ("SAI") dated January 5, 2026
Effective immediately, Hayden Cook has assumed the role of secretary and treasurer of the Jacob Funds.
Please retain this supplement with your SAI for reference.