Minimum Initial Investment breakdown for FranklinMinimum Initial Investment refers to minimum amount the fund family or category will require an investor to deposit to acquire the very first position in the fund or to open an account. In other words, Minimum Initial Investment is a guarantee that any investment from a purchaser of a fund meets the minimum requirement of the fund.
Fund managers put minimum investment restrictions on fund investments in order to allow the fund to function properly. Minimum restrictions allow fund managers to regulate cash flows of the fund, while guarding it from random trades that may negatively affect fund strategy.
Franklin Minimum Initial Investment Assessment
Based on recorded statements Franklin NY Intermediate T-F Income C has Minimum Initial Investment of 1 K. This is 93.33% lower than that of Category family, and 94.23% lower than that of Family category, The Minimum Initial Investment for all funds is 99.86% higher than the company.
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Minimum Initial Investment ComparisonFranklin is rated # 5 fund in minimum initial investment among similar funds.
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