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nlexa [21]
3 years ago
13

Mutual funds require a minimum investment True or false

Law
2 answers:
BaLLatris [955]3 years ago
5 0

Answer:

True

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.

Stells [14]3 years ago
3 0

Answer:

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

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It states, for instance, that

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