Investing Basics
Investing Affordably

Thousands of mutual funds are available to investors, but not all mutual fund companies welcome investors on a budget. Homestead Funds makes investing affordable for everyone by setting low initial investment minimums ($500 for a regular account and $200 for an IRA or Education Savings Account). And you can add to your account with any amount you choose.

As you search for a mutual fund to fit your budget, make sure to get answers to these questions:

• Is there a sales commission (often called a “load”) that's deducted from your investment—either when you buy shares or redeem them?
• What is the minimum amount need to open an account?
• Does the mutual fund require a minimum amount for subsequent investments?
• What are the fund’s operating costs (called its expense ratio)?

Homestead Funds are offered at no-load, meaning no sales charge is deducted from your investment. You can read more about fees and expenses for Homestead Funds online and in the Helpful Tips guide, Understanding Mutual Fund Costs.