Author Topic: ETF Minimum Subsequent Investment Clarification  (Read 1295 times)

GrooveStomp

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ETF Minimum Subsequent Investment Clarification
« on: September 30, 2014, 10:25:45 AM »
I'm following the Canadian Couch Potato Global Couch Potato model portfolio.
If you follow some of the links (for example, TDB900) then you can see under Fund Details on the righthand side a heading labelled Minimum Subsequent Investement.

Originally I thought this was something like a minimum monthly contribution, but I haven't been contributing monthly and haven't noticed any kind of penalty, so I don't think that's it.
I'm now inclined to think it's literally: Any subsequent investment, regardless of frequency, must be at least this much.

Can someone here elucidate me?

Thanks!

RichMoose

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Re: ETF Minimum Subsequent Investment Clarification
« Reply #1 on: October 01, 2014, 09:59:52 PM »
Basically you can't purchase less than $100 worth at any time, unless you have a automatic purchase plan set uo with them. There is no requirement regarding investment frequency. Just be aware of annual account fees for low account values.

GrooveStomp

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Re: ETF Minimum Subsequent Investment Clarification
« Reply #2 on: October 02, 2014, 11:49:09 AM »
Perfect. Thank you very much, TuxedoEagle. :-)