In criminal law, motive is distinct from intent. Criminal intent refers to the mental state of mind possessed by a defendant in committing a crime. With few exceptions the prosecution in a criminal case must prove that the defendant intended to commit the illegal act.
See the difference low-cost funds can make. The less you pay for your funds, the more you keep in your pocketâit's that simple. The average Vanguard mutual fund and ETF (exchange-traded fund) expense ratio is 82% less than the industry average.*. You don't get a bill explaining how much of your savings went toward paying fund expenses, because those costs are paid directly out of each fund's returns.
A: Many mutual funds require a minimum initial investment of between $500 to $3,000, with institutional class funds and hedge funds requiring minimums of at least $1 million or more. For beginning investors, this amount can be difficult to reach and often means their entire account balance is invested in just one fund.