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Re: Reverse Split

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Posted by Mark on March 12, 2004 at 18:16:22:

In Reply to: Reverse Split posted by Don on March 12, 2004 at 15:07:11:

: One of my American Century mutual funds (ATCIX) did a "1-for-10 reverse split" last May. The total number of shares owned decreased by a factor of 10. The net asset value increased by a factor of 10. I can't figure out how to handle this in Fund Manager. I don't want to lose my several years of prior history for this fund. Any advice would be greatly appreciated!

: Thanks!
: Don

Hi Don,

You can just record this as a 1 for 10 split transaction. Just right mouse
click on the investment's graph and choose "Split..." from the popup menu.
Enter the date of the transaction and enter 1 for 10 for the split ratio.

A split transaction can be any ratio, it doesn't have to just be a common
2 for 1 split.

Thanks,
Mark
--
Mark Beiley

Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP



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