The smallest investment amount accepted for establishing a new account. The minimum initial purchase notifies the investor of monetary restrictions for becoming a shareholder. Generally speaking, institutional funds have the highest minimum initial purchase amounts.
Listed for both qualified and non-qualified accounts (as denoted by Q, and NQ), this is the minimum dollar amount required to invest in a variable-annuity policy. Typically, the minimum amount to purchase a contract will differ for qualified and non-qualified accounts.