What is the minimum investment amount required for Goldman Sachs mutual funds?
Asked 2 years ago
The minimum investment amount for Goldman Sachs mutual funds can vary depending on the specific fund and its share class. Generally, minimum investments can range from a few thousand dollars to more substantial amounts. For many of the investor share classes, the minimum initial investment is often around one thousand dollars, but this can differ based on whether the investor is participating through a retirement account, a broker, or directly investing.
It is also important to note that certain funds may have higher minimums for additional share classes, such as institutional or advisor share classes, which are designed for different types of investors or investment strategies. In some cases, funds may offer lower minimums to encourage investment from specific groups or during promotional periods.
For the most accurate and detailed information regarding the minimum investment amounts for specific Goldman Sachs mutual funds, it is advisable to visit the current Goldman Sachs Funds website. There, potential investors can review the prospectus for each fund, which will outline the investment requirements and any associated fees or terms.
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