What is the minimum investment required at Putnam Investments?
Asked a year ago
The minimum investment required at Putnam Investments varies depending on the type of account and investment option. For individual retirement accounts (IRAs), the minimum investment is $500 for both traditional and Roth IRAs. However, certain funds may have higher minimums ranging from $1,000 to $10,000. For non-retirement investment accounts, there is no specific minimum investment required. Putnam Investments offers a wide range of investment options, including mutual funds, institutional funds, and separate accounts, with varying minimum investment requirements. It is advisable to consult the specific fund or account details for accurate and up-to-date information on minimum investment requirements.
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