Legg Mason WA Minimum Initial Investment vs. Bond Positions Weight Fundamental AnalysisLegg Mason WA EM Ttl Ret Bd Prem Acc is one of the top funds in bond positions weight among similar funds. It is one of the top funds in minimum initial investment among similar funds making about 491,400 of Minimum Initial Investment per Bond Positions Weight. Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.Minimum 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.