What is the minimum investment required for T. Rowe Price funds?
Asked 2 years ago
T. Rowe Price generally requires a minimum investment for its funds, which can vary based on the specific fund and the type of account you are opening. For most mutual funds, the minimum initial investment tends to be one thousand dollars. However, certain funds may have higher minimums, while others, particularly retirement accounts such as IRAs, may have different requirements. Some funds also allow for lower minimums if the investment is made through a systematic investment plan. It is important to note that these amounts are subject to change and can vary based on the terms outlined for each fund. For the most accurate and up-to-date information regarding minimum investment requirements for specific T. Rowe Price funds, one should refer to the fund's prospectus, which is typically available on the official T. Rowe Price website. This document will provide detailed information on investment amounts, fees, and other essential fund characteristics.
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