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Subsequent Investments
Subsequent Investments lets you set the minimum trade requirements beyond initial investment requirements for Tax deferred and/or Taxable accounts. The subsequent investment amount applies to some fund companies that have minimum subsequent investment amounts beyond an initial investment amount. Setting a minimum initial or subsequent investment on a security will require purchases greater than or equal to the amount entered for accounts assigned to trade files formats in that group.
Initial Investment and Subsequent Investments settings are used to specify investment minimums dictated by the fund at the individual account level, not at the firm level. Be aware that:
If applying a minimum investment setting to an ETF or equity, initial investment requirements must be set in shares.
The Minimum Investment Type selected above dictates whether this initial investment amount is in $ (dollars) or Shares.
For more information on security settings for trade file groups, see Trade File Group Settings.
For more information on maintaining your securities, see Add and Maintain Securities.