What is the minimum investment amount for Blackrock Funds?
Asked a year ago
The minimum investment amount for Blackrock Funds varies depending on the specific fund you are interested in. For most funds, the minimum initial investment is $1,000. However, there are some funds that require a higher minimum investment, ranging from $5,000 to $10,000. Additionally, certain retirement plans, such as Individual Retirement Accounts (IRAs) or 401(k) plans, may have different minimum investment requirements. It is important to carefully review the fund's prospectus or contact a financial advisor to determine the specific minimum investment amount for the fund you are considering. By understanding the minimum investment requirement, you can make informed decisions about your investment options.
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