- What does JMCGX invest in?
- This fund's primary goal is achieved by investing a minimum of 80% of its portfolio, under standard market conditions, in companies categorized as micro-capitalization. These micro-cap firms are specifically identified by one of two criteria: their total market value—derived from multiplying the share price by the number of shares outstanding—must either be (1) $600 million or less, or (2) fall within the defined market value parameters of the Russell Micro Cap® Growth Index at the time the investment is made.
- What is the expense ratio of JMCGX?
- Jacob Discovery Fund Investor Class (JMCGX) charges an expense ratio of 2.30%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is JMCGX?
- Jacob Discovery Fund Investor Class (JMCGX) manages $18.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is JMCGX actively managed or an index fund?
- JMCGX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (JMCGX's is 2.30%) because there's no security selection cost.
- When was JMCGX launched?
- Jacob Discovery Fund Investor Class (JMCGX) launched in April 2001 and is managed by the fund issuer.
- How has JMCGX performed?
- JMCGX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
