Minimum purchases

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

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.
References in periodicals archive ?
Additionally, the annual minimum purchase requirement has been modified to provide for no minimum purchases in 2004 or 2005 with minimum purchases in subsequent years being fixed at the highest sales level in any prior year.
The terms of the agreement provide for minimum purchases by Dancohr of approximately $10 million of Oculus' product over the five-year term of the agreement with the majority of payments to be made in the final three years of the agreement.
If SoloPak does not exercise its option, the minimum purchases for the second half of 1996 and for 1997 will be substantially higher than those in the earlier period of the agreement.
and Canada and escalating minimum purchases per year during the remainder of the agreement.
Per the terms of the agreement, OMRIX will commit to certain minimum purchases of cryo and have a right of first refusal to additional supply of cryo, thereby obtaining the necessary amounts to meet its entire BAC production demands.
The agreement further provides for minimum purchases in the third year of $1,700,000.
75 million USD in sales to the company annually based on minimum purchases.
Thad Morris, president and CEO of DDI, stated, "The multi-country agreements are the result of several months of negotiations whereby Bio-Diagnostica has agreed to annual minimum purchases in each of the three countries.
Effective January 3rd, 2006, the Sprott Canadian Equity Fund will be available to all residents of Canada with an initial purchase minimum of $5,000, and subsequent minimum purchases of $500.
Attorneys for Nickel also stated :"Under two Agreement(s) PURE is specifically prohibited from any competing activity in the United States, and required to make minimum purchases and meet development objectives in the United States, all of which it has refused to perform.

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