Mutual Fund Research

What are the charges for mutual fund trades?

ShareBuilder allows you to invest in over 250 no-load mutual funds from eight well known fund families. The cost to invest depends on whether the fund is part of our no-transaction fee (NTF) program, and whether you invest using a regular mutual fund trade, or through an Automatic Investment Plan. All mutual fund investments are also subject to meeting the investment minimums.

Two Ways to Invest Online

Trade Type NTF Funds Other Funds
Mutual Fund Trades

Enter an order to buy, sell, or exchange shares – orders are processed at the next market close.

No charge $19.95
Automatic Investment Plan

Set up an Automatic Investment Plan to invest in a mutual fund on a recurring, scheduled basis.

No charge $4 (or less1)

1 Subscribers to the Standard and Advantage Pricing Programs can invest for even less – learn more.

Important Note about Investment Minimums
No matter which mutual fund you select, all funds have an initial minimum investment that must be met when investing in a new fund for the first time (when establishing a new position). A fund's investment minimums are listed under Fund Profile on the Fund Snapshot/Quote page – you can get there by entering the fund symbol into the Get Quote tool.

The initial investment must be made using a mutual fund trade, and not as a part of an Automatic Investment Plan (except for ING Funds2). Once the initial investment in the fund has been made, additional investments can be made either with a mutual fund trade, or by using an automatic investment plan, each subject to minimums. Minimum investments can vary based on your account type (for example, IRA accounts may be given a lower minimum).

Also be aware that all mutual funds are subject to our Mutual Fund Excessive Trading Policy, and NTF funds are subject to our Mutual Fund Early Redemption Policy, listed below. For those who wish to invest over the phone, all mutual fund orders (including those for NTF funds) are $19.95.

Mutual Fund Early Redemption Policy: To discourage short-term trading, ShareBuilder reserves the right to charge $49.95 on the redemption or exchange of any no-load, no-transaction fee mutual funds that are held less than 90 days, excluding the ING Money Market Fund. This charge is in addition to any applicable charges or expenses addressed in the fund's prospectus. Important information about ING Funds

Mutual Fund Excessive Trading Policy: ShareBuilder has adopted an Excessive Trading Policy to respond to the demands of the mutual fund families – which make their funds available through ShareBuilder – to discourage market timing and excessive trading activity in mutual funds.

2 Investment Minimums For ING Funds: As a way to meet the initial investment minimum of the ING Funds family of mutual funds, you can invest as little as $100 per month through the Automatic Investment Plan until the minimum is met.

Mutual Fund Revenue-Sharing Arrangement

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Securities products are: Not FDIC insured • Not Bank guaranteed • May lose value