Sale of Nil Paid Rights

[joy]

Hi Mark,

I bought some shares as part of a rights issue (but not my full entitlement) and then sold the remaining nil paid rights.

What's the best way of handling the sale of the nil paid rights in Fund Manager please?

Joy.

[Mark]

Hi Joy,

I'm not sure. Can you track the shares and the rights as 2 separate investments, kind of like shares and options? See this:

https://www.fundmanagersoftware.com/faq_options.php

[joy]

Hi Mark,

I'm don't really understand options very well, so I've decided to use a user-defined distribution type for the sale of the nil-paid rights - but thanks for the suggestion.

Joy.