What is the minimum investment required for T. Rowe Price funds?
Asked a year ago
The minimum investment required for T. Rowe Price funds varies depending on the fund. Generally, most of their funds have a minimum initial investment of $2,500 for individual accounts and $1,000 for IRAs. However, certain funds may have higher or lower minimums. Additionally, T. Rowe Price offers a variety of fund options with no minimum investment requirement, allowing investors to start with any amount they are comfortable with. These include target date funds, money market funds, and retirement funds. Investors can also take advantage of automatic investment plans to start investing with as little as $50 per month. Overall, T. Rowe Price aims to provide flexibility in their investment options to meet the diverse needs of investors.
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