Transfers betwen mutual funds

#3 04-16-2007, 09:28 AM

Thank you very much

"Cal Learner-- MVP" wrote:

- quote -

> In microsoft.public.money, rd2d2 wrote:
> > Sorry for my previous explanation, I live in Spain. It meant that if you have
> > two or more mutual funds investments into a single account of investment, can
> > you make transfers among them without the necessity to sell participation of
> > the first fund to the cash account and thence to buy new actions of the
> > second? In Spain taxes in the transfers are not paid
> So you are doing a tax-free event that would be similar to a
> reorganization or change in fund classification.
> In those cases, there is a simple way to handle this *if* you are
> changing *all* of your holdings:
> Change the symbol, rename the fund, add an appropriate comment, and
> do an appropriate split to achieve the ratio you want. Post the
> ratio you are trying to achieve if you want a suitable ratio of
> integers to enter for the split.
> This way the performance data before and after the change will be
> continuous.
> If you are only changing/exchanging part of the holdings, things
> would be more complex.
> > > "Cal Learner-- MVP" wrote:
> > > > In microsoft.public.money, rd2d2 wrote:
> > > > > > Hello, IÂ´m using MY2006, IÂ´ld like tranfer money each other mutual funds,
> > > > into the same investment account always.
> > > > > I don't understand what you are trying to do.
> >

#2 04-02-2007, 04:41 PM

In microsoft.public.money, rd2d2 wrote:

- quote -

> Sorry for my previous explanation, I live in Spain. It meant that if you have
> two or more mutual funds investments into a single account of investment, can
> you make transfers among them without the necessity to sell participation of
> the first fund to the cash account and thence to buy new actions of the
> second? In Spain taxes in the transfers are not paid

So you are doing a tax-free event that would be similar to a
reorganization or change in fund classification.

In those cases, there is a simple way to handle this *if* you are
changing *all* of your holdings:

Change the symbol, rename the fund, add an appropriate comment, and
do an appropriate split to achieve the ratio you want. Post the
ratio you are trying to achieve if you want a suitable ratio of
integers to enter for the split.

This way the performance data before and after the change will be
continuous.

If you are only changing/exchanging part of the holdings, things
would be more complex.

- quote -

> "Cal Learner-- MVP" wrote:
> > In microsoft.public.money, rd2d2 wrote:
> > > > Hello, I´m using MY2006, I´ld like tranfer money each other mutual funds,
> > > into the same investment account always.
> > > I don't understand what you are trying to do.
>

#1 04-02-2007, 04:32 PM

Sorry for my previous explanation, I live in Spain. It meant that if you have
two or more mutual funds investments into a single account of investment, can
you make transfers among them without the necessity to sell participation of
the first fund to the cash account and thence to buy new actions of the
second? In Spain taxes in the transfers are not paid

"Cal Learner-- MVP" wrote:

- quote -

> In microsoft.public.money, rd2d2 wrote:
> > Hello, IÂ´m using MY2006, IÂ´ld like tranfer money each other mutual funds,
> > into the same investment account always.
> I don't understand what you are trying to do.

03-31-2007, 08:15 PM

In microsoft.public.money, rd2d2 wrote:

- quote -

> Hello, I´m using MY2006, I´ld like tranfer money each other mutual funds,
> into the same investment account always.

I don't understand what you are trying to do.

#-1 03-31-2007, 08:00 PM

Hello, IÂ´m using MY2006, IÂ´ld like tranfer money each other mutual funds,
into the same investment account always.

Thanks a lot

Similar Threads
Thread	Forum	Replies	Last Post
Mutual Funds balance Gordon: My Money 2006 setup shows a net loss for my mutual funds although there is actually a net gain when the additional shares purchased with reinvested...	Microsoft Money	6	09-04-2006 01:47 AM
mutual funds arbitrary value The Glidster: My US Bank 401k allows me to buy First American Mutual Funds. However, they set an arbitrary share price value which doesn't jive with the actual...	Microsoft Money	3	01-09-2006 11:27 PM
Merge Mutual Funds William Smith: Can someone tell me how I would merge two mutual funds in my money accounts? I am using Money 2005 Deluxe. Thank you. William Smith	Microsoft Money	4	07-10-2005 11:26 AM
2 identical Mutual funds EADBLU: I have 2 AXP New Dimensions mutual funds. One of them is a normal taxable fund and the other one an IRA. How do I set them up to be able to...	Microsoft Money	2	10-09-2004 10:02 PM
Mutual funds merging with other mutual funds Rod: In Money 2000 Deluxe, how do you record when a mutual fund company combines with another mutual fund? I had 200 shares of fund a, which was...	Microsoft Money	1	12-09-2003 12:28 PM

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode