VGENX has admiral shares available for this fund that require a $250,000 initial investment, but they also have regular investor shares that only require $1000 initial investment in an IRA, or $3000 in a taxable account. You can go here to check it out, just scroll down the menu of funds 'till you see the Energy Fund under "Industry Specific Funds":http://flagship4.vanguard.com/VGApp/hnw/FundsByFundTypeThanks for the info, though! I always appreciate any thoughts on the subject....Mike in NJ
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