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Mutual Fund Trades

Mutual Fund Trades

You can place orders to buy, sell, or exchange mutual funds. Orders executed at the end of the market day receive the net asset value ("NAV") calculated on that market day. Choose no-load funds from several well known fund families. When you place trades for a fund that is part of the no-transaction fee (NTF) program, there is no transaction charge. Funds that are not part of the NTF program are assessed a transaction charge of $19.95 per trade.

Early Redemption Policy: To discourage short-term trading, Capital One Investing℠ reserves the right to charge $49.95 on the redemption or exchange of shares of any no-load, no-transaction fee mutual fund that is held less than 90 days, except for money market funds. This charge is in addition to any applicable charges or expenses described in the fund's prospectus. Additionally, shares acquired through the reinvestment of capital gains distributions and dividends are not subject to this policy.

Investors should carefully consider information contained in the prospectus, including investment objectives, risks, charges and expenses. For a prospectus containing this and other important information, please visit the fund's detailed quote page, or contact a Capital One Investing Customer Service Associate. Please read the prospectus carefully before investing.

As of November 5, 2018, your Capital One Investing account will be limited to only outbound transfers and closing orders.

How do I place a mutual fund trade?

In the 'Mutual Funds' section under Trade > Trade Now, you can buy, sell, or exchange between mutual funds.

Mutual fund orders placed prior to the fund's cutoff time will receive the net asset value (NAV) calculated on that market day. Orders placed after the cutoff will receive the NAV calculated on the next market day. The cutoff time for all mutual funds orders is 3:30 PM ET on market days, excluding days when the market closes early (the cutoff time is 30 minutes prior to market close).ol>

Sell
Select Sell if you just want to sell some or all of a mutual fund you already own.

  1. Choose the fund you want to sell from the drop-down menu.
  2. Enter how much of the fund you want to sell. Available options include a dollar amount, number of shares or a percentage of your shares of the fund.
  3. Click Review Order.
  4. Look over the details of your order and click Place Order. You're done!
  5. Early Redemption Policy: To discourage short-term trading, Capital One Investing reserves the right to charge $49.95 on the redemption or exchange of shares of any no-load, no-transaction fee mutual fund that is held less than 90 days, except for money market funds. This charge is in addition to any applicable charges or expenses described in the fund's prospectus. Additionally, shares acquired through the reinvestment of capital gains distributions and dividends are not subject to this policy.

    Investors should carefully consider information contained in the prospectus, including investment objectives, risks, charges and expenses. For a prospectus containing this and other important information, please visit the fund's detailed quote page, or contact a Capital One Investing Customer Service Associate. Please read the prospectus carefully before investing.

    As of November 5, 2018, your Capital One Investing account will be limited to only outbound transfers and closing orders.

What are the charges for mutual fund trades?

Capital One Investing℠ allows you to invest in over 1000 no-load mutual funds from well-known fund families. The cost to invest depends on whether the fund is part of our no-transaction fee (NTF) program, and whether you invest using a regular mutual fund trade, or through an ShareBuilder® investment plan . All mutual fund investments are also subject to meeting the investment minimums as defined by the fund. Keep in mind that costs and other expenses apply to continued investment in a fund and are described in each fund's current prospectus. Please read the prospectus carefully before investing.

Two Ways to Invest Online
Trade Type NTF Funds Other Funds
Mutual Fund Trades

Enter an order to buy, sell, or exchange shares – orders are processed at the next market close.

No charge $19.95
ShareBuilder® investment plan

Set up a ShareBuilder plan to invest in a mutual fund on a recurring or scheduled basis. ShareBuilder plan orders take place on Tuesdays.

No charge $3.95

Important Note about Investment Minimums
No matter which mutual fund you select, all funds have an initial minimum investment that must be met when investing in a new fund for the first time (when establishing a new position). A fund's investment minimums are listed under Fund Profile on the Fund Snapshot/Quote page – you can get there by entering the fund symbol into the Get Quote tool.

The initial investment must be made using a mutual fund trade, and not as a part of a ShareBuilder plan (except for Voya Funds). Once the initial investment in the fund has been made, additional investments can be made either with a mutual fund trade, or by using a ShareBuilder plan, each subject to minimums. Minimum investments can vary based on your account type (for example, IRA accounts may be given a lower minimum).

Also be aware that all mutual funds are subject to our Mutual Fund Excessive Trading Policy, and NTF funds are subject to our Mutual Fund Early Redemption Policy, listed below. For those who wish to invest over the phone, all mutual fund orders (including those for NTF funds) are $19.95. Keep in mind that costs and other expenses apply to continued investment in a fund and are described in each fund's current prospectus.

Mutual Fund Excessive Trading Policy: Capital One Investing has adopted an Excessive Trading Policy to respond to the demands of the mutual fund families – which make their funds available through Capital One Investing – to discourage market timing and excessive trading activity in mutual funds.

Early Redemption Policy: To discourage short-term trading, we reserve the right to charge $49.95 on the redemption or exchange of shares of any no-load, no-transaction fee mutual fund that is held less than 90 days, except for money market funds. This charge is in addition to any applicable charges or expenses described in the fund's prospectus. Additionally, shares acquired through the reinvestment of capital gains distributions and dividends are not subject to this policy.

Investors should carefully consider information contained in the prospectus, including investment objectives, risks, charges and expenses. For a prospectus containing this and other important information, please visit the fund's detailed quote page, or contact a ShareBuilder Customer Service Associate. Please read the prospectus carefully before investing.

As of November 5, 2018, your Capital One Investing account will be limited to only outbound transfers and closing orders.