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Can I participate in a dollar cost averaging program at Scottrade?

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Can I participate in a dollar cost averaging program at Scottrade?

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A. Yes. Scottrade offers systematic purchases and redemptions. You choose the month, date and dollar amount to be transacted. The dollar amount must meet the fund minimum subsequent investment amount set by the fund, which can be obtained on the Value Line Profile, or $100, whichever is greater. Systematic redemptions may be transacted by using either dollars or shares. Redemptions using shares may not be transacted for fewer than five shares. Redemptions using dollars may not be transacted for less than $100. A $2 fee will apply to each systematic purchase of a no-load fund not participating in the no-transaction fee program. You can request a Mutual Fund Systematic Trade Authorization Form by downloading it from the Forms Center or by calling your local Scottrade branch office.

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