ShareBuilder allows you to invest in over 1000 no-load mutual funds from 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 as defined by the fund. Keep in mind that costs and other expenses apply to continued investment in a fund and are described in each fund's current prospectus. Please read the prospectus carefully before investing.
Two Ways to Invest Online
|Mutual Fund Trades
Enter an order to buy, sell, or exchange shares – orders are processed at the next market close.
|Automatic Investment Plan
Set up an Automatic Investment Plan to invest in a mutual fund on a recurring or scheduled basis. Automatic investment orders take place on Tuesdays.
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 Voya Funds). 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. Keep in mind that costs and other expenses apply to continued investment in a fund and are described in each fund's current prospectus.
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.
Early Redemption Policy: To discourage short-term trading, ShareBuilder reserves the right to charge $49.95 on the redemption or exchange of shares of any no-load, no-transaction fee mutual fund that is held less than 90 days, except for money market funds. This charge is in addition to any applicable charges or expenses described in the fund's prospectus. Additionally, shares acquired through the reinvestment of capital gains distributions and dividends are not subject to this policy.
Investors should carefully consider information contained in the prospectus, including investment objectives, risks, charges and expenses. For a prospectus containing this and other important information, please visit the fund's detailed quote page, or contact a ShareBuilder Customer Service Associate. Please read the prospectus carefully before investing.