Answered

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Mutual funds require a minimum investment

True or false

Sagot :

jakediamond

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

sbarbarino12

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.

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