What is the minimum investment amount for Blackrock Funds?
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.
Answered Nov 2, 2023
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