In microsoft.public.money, cndesu wrote:

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If you have fewer units each month because they are cashed in to pay
for insurance fees, I would think there would be two corresponding
transactions monthly: Sell fund shares in the Investment
Transactions, and a Payment in the Cash Transactions register to
account for the insurance expenditure.

But there are monthly insurance charges to be deducted every month. I donot
know what option have to use it to deduct. In Money if I say "Other Expenses"
Only units are deducted. Is it OK . Or is there any other option which best
suits.
--
Chanikya


"Cal Learner-- MVP" wrote:

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In microsoft.public.money, cndesu wrote:

- quote -

Mutual fund. Enter the prices manually (with a keyboard).

Hi,
I had an insuranc epolicy in India before coming to Canada. There the
premiums are invested in various funds. Every day the unit rate of the fund
fluctuate. Now which type of fund this would fall so that I can track my
funds in India.
Similarly I opened another Universal Life Account, premiums paid on monthly
bases. Here also the same the money is invested in various funds. Now to
track those type of funds which type of Account should be opened just
Investment Account , as there are mortality charges (insurance charges) to be
deducted on monthly basis in terms of units, unit value changes every time.
Please help.
--
Chanikya