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Old 03-02-2004, 08:50 PM
Cal Learner-- MVP
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Default Re: how to record a merger for "mutual funds"?

In microsoft.public.money, Perry Lentine wrote:

- quote -

> Can someone provide a reduced ratio for a split of 68115 for 58816 shares of
> a mutual fund?


Split the shares 29234 shares for every 25243 shares
The error factor is 14.6810525620822 parts per million.

  #1  
Old 03-02-2004, 07:08 PM
Perry Lentine
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Default Re: how to record a merger for "mutual funds"?

Can someone provide a reduced ratio for a split of 68115 for 58816 shares of
a mutual fund?

Thanks,

Perry

"Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
news:lif8svgrjq3r43mqpgjul3l0vge6dul154[at]4ax.com...
- quote -

> In microsoft.public.money, <anonymous[at]discussions.microsoft.com> wrote:
> > I am trying to record a recent merger for my mutual fund.
> > But Money won't let me do it unless it's a stock. Any
> > solutions? Thanks!

> If your mutual fund is involved in a tax-free reorganization, or
> a merger where you don't originally hold both funds:
> 1. Do an appropriate split of the fund. You will need to input
> the split ratio a ratio of integers (1 ... 65535). Post the ratio
> you want to achieve.
> 2. In the investment details, change the symbol.
> 3. Change the investment name.
> 4. Add a brief comment to the investment to explain the change.



 
Old 11-26-2003, 04:49 AM
Cal Learner-- MVP
Guest
 
Posts: n/a
Default Re: how to record a merger for "mutual funds"?

In microsoft.public.money, <anonymous[at]discussions.microsoft.comwrote:

- quote -

> I am trying to record a recent merger for my mutual fund.
> But Money won't let me do it unless it's a stock. Any
> solutions? Thanks!


If your mutual fund is involved in a tax-free reorganization, or
a merger where you don't originally hold both funds:

1. Do an appropriate split of the fund. You will need to input
the split ratio a ratio of integers (1 ... 65535). Post the ratio
you want to achieve.

2. In the investment details, change the symbol.

3. Change the investment name.

4. Add a brief comment to the investment to explain the change.

  #-1  
Old 11-26-2003, 04:27 AM
Guest
 
Posts: n/a
Default how to record a merger for "mutual funds"?

I am trying to record a recent merger for my mutual fund.
But Money won't let me do it unless it's a stock. Any
solutions? Thanks!
 

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merger, mutual funds, record
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