1. 5082 POINTS
    J Paul Wilson CFP, CHFC
    Certified Financial Planner, JPW Insurance Retirement Investments, Halifax, Nova Scotia, Canada
    How much a mutual is, depends on how much you wish to invest.

    Mutual funds have varying minimum deposits for lump sum and monthly contribution. The minimum amount can be as low as $25 or $50 on monthly basis. Lump sum initial deposits can vary from $1,000 to $100,000 or more. There is usually no maximum amount.

    If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.
    Answered on June 7, 2014
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