Selling share rights

[faezandyc]

I had some shares of Neuberger (NHS) and there was an offering of rights. My broker sold all the shares and also the rights (NHSRT).
I have two confirmations; one for the shares sale and one for the rights sale.
How do I record that in Fund Manager? I know how to record the shares sale but how are the rights recorded?
Andy

[Mark]

Hi Andy,

I assume when the rights were issued the number of shares of NHS didn't change? This sounds like a spin-off, where you create a new investment for the rights. You can then sell both the shares and the shares of rights.

[faezandyc]

That works. Thanks.
Andy