OOP

[Costas]

Hello

I think that OOP Cost is a per share price while Tax Cost Value is a position total amount. Pls confirm or advise . How is OOP current and OOP historical calculated. If possible give numerical examples on all .. in connection with transferring in shares...

Thx

Costas

[Mark]

Hi Costas,

When reporting, both the tax and OOP versions of cost are available in both value and per-share figures.

If you are in the 'Transfer In' dialog, all of these figures are value (not per-share) figures.

The difference between "Current" and "Historical" is that Current is showing you the cost of the shares you own as of a particular date. Historical is showing the cost, since inception. Example:

Date 1: Buy 100 shares for $1000
Date 2: Sell 100 shares for $1100
Date 3: Buy 100 shares for $1200

If you report your OOP cost on Date 3, you'll get:

Current OOP: $1200
Historical OOP: $1100

The historical OOP is 1000 - 1100 + 1200 = 1100.