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Reverse Split

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Postby reddragon » Tue Jan 17, 2017 11:10 am

On 7/25/2016 There was a reverse split of Proshares Vix short term futures contract. How is this to be recorded to get the investment performance correct?
reddragon
 
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Postby Mark » Tue Jan 17, 2017 11:48 am

Hi reddragon,

A reverse split is just a split transaction, but the ratio is less than one. For example, you can record a 1 for 2 ratio for a 1 for 2 reverse split.
Thanks,
Mark
Fund Manager - Portfolio Management Software
Mark
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