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Spin-offs

Questions about updating prices or transactions in Fund Manager

Postby BradN » Thu Aug 09, 2012 12:01 pm

Mark, quick question...

Should a correctly entered spinoff transaction using the spinoff wizard result in an external transaction?

Thanks,

Brad
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Postby Mark » Thu Aug 09, 2012 4:23 pm

Hi Brad,

Yes, these will show up as portfolio external. This is probably not ideal, but that is the way spin-offs are handled. There will be distributions coming out of the parent, and one or more transfers into the child. All of these will be considered portfolio external.
Thanks,
Mark
Fund Manager - Portfolio Management Software
Mark
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