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42 votes
42 votes
Mutual funds require a minimum investment

True or false

User Kristo
by
2.7k points

2 Answers

25 votes
25 votes

Answer:

True

Step-by-step explanation:

Although there are mutual funds with no minimums, most retail mutual funds do require a minimum initial investment of between $500 to $5,000, with institutional class funds and hedge funds requiring minimums of at least $1 million or more.

User Misticos
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2.9k points
15 votes
15 votes

Answer:

Although there are mutual funds with no minimums, most retail mutual funds do require a minimum initial investment of between $500 to $5,000

User Jens Luedicke
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2.5k points