Minimum purchases

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Minimum purchases

For mutual funds, the amount required to open a new account (Minimum Initial Purchase) or to deposit into an existing account (Minimum Additional Purchase). These minimums may be lowered for buyers participating in an automatic purchase plan
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Minimum Purchases

The minimum amount one may invest in a mutual fund should one decide to buy shares. For example, a mutual fund may set a minimum purchase of $1000 in order to make the purchase of shares worth the effort for the company managing the fund while still keeping shares affordable for most investors.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Biogen (BIIB) announced that it has entered into a share purchase agreement with FUJIFILM Corporation (FUJIY) under which Fujifilm will acquire the shares of Biogen's subsidiary, which holds Biogen's biologics manufacturing operations in Hillerod, Denmark, for up to $890M in cash, subject to minimum purchase commitment guarantees and other contractual terms.
It marks the first time in the 63 years since Premium Bonds launched that the minimum investment has been lowered, and is the lowest minimum purchase since 1993, NS&I said.
In November, Amazon announced that it would make ( free shipping available for everyone without the $25 minimum purchase requirement.
Robinsons Supermarket shoppers can also enjoy P100 off coupons for a minimum purchase of P3,000 inclusive of P350 worth of participating sponsor products from November 1 to December 31.
customers will get free shipping with no minimum purchase on hundreds of millions of items this holiday season, while Amazon Prime members in the United States will get free same-day delivery on more than 3 million items during the holidays, the company said.
Dealer benefits include low minimum purchase requirements (5 handguards is the minimum order), ease of online ordering, additional discounts for larger orders and cross-promotion through web-specific programs and social media engagement.
In both the schemes, there will be no restrictions of minimum purchase amount.
Citibank - Enjoy up to 500-peso discount for a minimum purchase of 2500 with voucher code LOVE2CLICK99;
Among the credit card options that Citi will provide is the Shell Drive for Five(r) Card, which offers customers that purchase fuel at Shell branded stations across the US the opportunity to save 5 cents per gallon on every fuel purchase with no minimum purchase requirements and no maximum savings cap.
With a minimum purchase of QR200 on sneakers and backpacks, children can hand over their new shoes or bag to create their customised look.
Minimum purchase price of 12 denars per kilogram of wheat, intervention purchase to start on June first when harvest is ongoing and wheat purchase is initiated, and respect the contracts made with buyers and producers before the harvest demand from the Federation of Farmers (FFRM).

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