fund minimums

Jul 23, 2007 3 Replies

many vanguard index funds have a 3,000 minimum for initial investment.



suppose one has 10,000 and slowly transfers (over time) funds to some other fund with the result that the balance declines to below 3,000 - does that cause a problem?



I could not find anything on "minimum required balance" on vanguard funds



Why not call them directly, instead of risking getting the wrong advice here? They have pretty good customer service and they should be the best resource for what their rules are.

Call them and ask--but I think the answer is no.

I remember seeing that they would liquidate a fund if the balance falls below $500.

Andrew and I have gone through an exchange of postings on this topic (because Vanguard prospectuses say they have a right to liquidate below $3K, but on their website say they'll liquidate at $500). I emailed Vanguard, and the response I got was essentially that they'll let you go (for now) down to $500.

Here's the thread from six months ago:

formatting link
Mark Freeland snipped-for-privacy@sbcglobal.net

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required