Aggregate functions like MIN/MAX aren't supported in indexed views. You have to do the MIN/MAX in the query surrounding the view.
There's a full definition on what is and isn't allowed within an indexed view here (SQL 2005).
Quote:
The AVG, MAX, MIN, STDEV, STDEVP, VAR,
or VARP aggregate functions. If
AVG(expression) is specified in
queries referencing the indexed view,
the optimizer can frequently calculate
the needed result if the view select
list contains SUM(expression) and
COUNT_BIG(expression). For example, an
indexed view SELECT list cannot
contain the expression AVG(column1).
If the view SELECT list contains the
expressions SUM(column1) and
COUNT_BIG(column1), SQL Server can
calculate the average for a query that
references the view and specifies
AVG(column1).