The minimum investment for a custom SmartFolio will vary depending on the price of each stock that you select. You can calculate the minimum investment by taking the highest price stock in your portfolio and dividing it by the chosen allocation. This ensures your investment amount is enough to cover the purchase of at least 1 share of every stock in your custom Smartfolio.
Example: The highest priced stock in your portfolio is currently trading at $500 per share and has a 10% allocation in a custom SmartFolio. This means the minimum investment would be $5,000 ($500/.10 = $5,000)
In the future iFlip will offer fractional shares, which means there will be no minimum investment driven by the stock prices.