View the entire Frequently Asked Questions (FAQ)

Is there a minimum amount that needs to be added to my QuietGrowth account before the cash in the portfolio is invested in the market?

For total deposits of $10,000 or more in a portfolio:

Out of the cash that is present in your portfolio, we reserve enough cash to cover QuietGrowth’s fees that you would incur, typically for a period of one year. Then we will consider to invest the rest of your cash in that portfolio in ETFs as soon as that rest of the cash reaches $3,000.

For example, if the cash in your portfolio is $3100, and the tentative QuietGrowth fees that you would be incurring over the next one year period is $30, then we will consider that the amount available to invest in ETFs is only $3070 and execute one or more buy orders to invest an amount close to $3070 in one or more units of an ETF or ETFs.

We also follow this same practice if the total deposits in the portfolio has reached $10,000 and then the value of the portfolio has fallen below $10,000 due to withdrawals from that portfolio.

For total initial deposits less than $10,000 in a portfolio:

Usually, it is unlikely that we will execute a trade if the cash available for investing is less than $300. At the other extreme, we will make sure that we execute a trade if the cash available for investing reaches $3300.

There is no exact minimum amount that needs to be deposited so that we can execute a trade to invest that amount.

We will consider various factors such as the number and size of the buy trades that we need to execute so that a fully diversified portfolio is achieved when you deposit a total of $10,000 over one or many fund transfers.