What is the minimum investment required to open an account?

The minimum investment required to open an account with Federated Investors Inc. can vary based on the specific fund or investment option chosen. Generally, minimum investment amounts can range from as low as one thousand dollars to higher thresholds, depending on the type of account and the specific fund's policies. For instance, some mutual funds may have a lower minimum investment requirement, while certain specialized funds or accounts targeting a more sophisticated investment strategy may require a higher initial investment. It is essential for individuals interested in investing to review the prospectus of the specific fund they are considering, as it will provide detailed information on minimum investment requirements, fees, and other important information. For the most accurate and up-to-date details, it may be beneficial to visit the official Federated Investors Inc. website, where specific fund information is provided, including their minimum investment policies.