How to handle Mutual Fund merger

#2 04-23-2005, 11:00 PM

In microsoft.public.money, johnkmissed wrote:

- quote -

> Thank you for the great idea. Having the same problem.
> since you volunteered, need that integer ration.
> fund X = 675.157 shares
> new fund Y = 753.190 shares.
> Any help would be appreciated on the best integers to use.
> I can come close, but real interested to see what you come up with.
> thanks again in advance!

Split the shares 17123 shares for every 15349 shares
The error factor is 1.3277 parts per million.

#1 04-23-2005, 10:19 PM

Cal:

Thank you for the great idea. Having the same problem.
since you volunteered, need that integer ration.
fund X = 675.157 shares
new fund Y = 753.190 shares.

Any help would be appreciated on the best integers to use.
I can come close, but real interested to see what you come up with.
thanks again in advance!

"Cal Learner-- MVP" wrote:

- quote -

> In microsoft.public.money, X15 wrote:
> > I have Money 2004 and one of my mutual funds was bought by a new mutual fund.
> > How do I enter the transaction?
> > > I cannot use the "special activity" - "merger" window because when I try it
> > says the items have to be stocks (I guess it does not consider mutual funds
> > as stocks).
> Example" 'X' with 1000 shares to be renamed mutual fund 'Y'
> with 700 shares
> 1. Do a 7 for 10 split of X.
> 2. In the investment details, change the symbol of X to the symbol
> for Y.
> 3. Change the investment name of X to Y.
> 4. Add a brief comment to the investment to explain the change.
> If the ratio is not as simple as 7 for 10, post the actual ratio you
> are trying to achieve. I can easily find the best integers (1 ...
> 65535) to enter for the split.

01-07-2005, 10:45 PM

In microsoft.public.money, X15 wrote:

- quote -

> I have Money 2004 and one of my mutual funds was bought by a new mutual fund.
> How do I enter the transaction?
> I cannot use the "special activity" - "merger" window because when I try it
> says the items have to be stocks (I guess it does not consider mutual funds
> as stocks).

Example" 'X' with 1000 shares to be renamed mutual fund 'Y'
with 700 shares

1. Do a 7 for 10 split of X.
2. In the investment details, change the symbol of X to the symbol
for Y.
3. Change the investment name of X to Y.
4. Add a brief comment to the investment to explain the change.

If the ratio is not as simple as 7 for 10, post the actual ratio you
are trying to achieve. I can easily find the best integers (1 ...
65535) to enter for the split.

#-1 01-07-2005, 10:17 PM

I have Money 2004 and one of my mutual funds was bought by a new mutual fund.
How do I enter the transaction?

I cannot use the "special activity" - "merger" window because when I try it
says the items have to be stocks (I guess it does not consider mutual funds
as stocks).

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