Fisher funds are a type of mutual fund offered by investment management company Fisher Investments. As an investment option, Fisher funds have certain minimum investment requirements that investors need to meet in order to participate. In this article, we will take a closer look at what the minimum investment is for different Fisher funds products and services.
The minimum investment for Fisher funds varies by account type
Fisher Investments offers a range of mutual fund products to both individual and institutional investors. For individual investors, the minimum investment depends on the type of account you open. For example, the minimum initial investment for a standard Fisher Investments managed account is $50,000. However, specialized accounts like the Horizon Program have higher minimums of $100,000. Institutional clients generally need to invest a minimum of $10 million to access Fisher funds.
Lower minimums are available through other channels
For investors who want to access Fisher funds but don’t meet the minimum investment thresholds, there are a couple options. Some brokerages and investment platforms give access to certain Fisher funds without requiring a $50,000+ investment. The minimum may be as low as the fund’s share price. However, investment choices are more limited. Another option is investing in Fisher funds through a self-directed IRA or other tax-advantaged account. This can lower or eliminate account minimums. But there may be other fees to consider.
Minimum investments can be waived under certain conditions
While Fisher Investments publishes stated minimum investment requirements, the firm notes that these are not always strict cut-offs. An investor who does not meet the official minimum may still potentially open an account after discussing their personal situation with a Fisher representative. Minimums are sometimes waived for investors who have other accounts with the firm or are planning to make large future contributions. But this is handled on a case-by-case basis.
In summary, the typical minimum investment for Fisher funds ranges from $50,000 to over $100,000 for individual investors. But alternative access options and individual exceptions provide more flexibility. When in doubt, it is best to consult directly with Fisher Investments about minimum requirements.