[astrange]

There are some, but you wouldn't be able to buy shares in the better classes of mutual funds, like Vanguard InstlPlus. Those rely on the whole company buying the same shares to meet the minimum investment requirements.

[Retric]

My last company had a 50$ per year option that let you buy and sell any stock or few thousand mutual funds. Funds where low cost so it did not seem worth it, but YMMV.

[spacecowboy_lon]

Why is that? in the UK a SIP (Self Invested Pension) can invest in almost anything even direct investments in commercial property are allowed.

Sounds like the USA's Openednded mutual funds are even more dodgy than the uk equivalents (unit trusts)