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Author: Fuskie Big funky green star, 20000 posts Top Favorite Fools Old School Fool Ticker Guide SC1 Red Winner of the 2010 Rule Breakers Challenge Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75781  
Subject: Re: newbie Date: 12/1/2004 1:23 AM
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I thought I read on this board awhile back that if you hold that Vanguard fund through Scottrade, that low balance fee doesn't apply. Is this not so?

This is correct. There are two minimums involved here. The fund itself has a minimum investment, usually one for retail and one for retirement investing. Then the brokerage account may have a minimum investment amount to waive the account maintenance fee. In the case of a Vanguard fund in Scottrade, you still have the mutual fund's minimum initial investment, but there are no account maintenance fees.

Fuskie
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