Bank4 required at least $250 minimum investment and that's what i put in. i bought the fund - a cash advantage fund (unit trust category) - at $1.0052. this means i bought about 248.7 units. it was priced at $1.0035 a week ago. i know it's not much but it's something!
a few more good stuff:
- no fees (entry, exit, or management)
- tax breaks (it is capped at 33% and will be down to 30% starting 1 april 2008)
- a low risk fund that invests in a deposit with Bank4 (at this time it's at 2/7 risk level)