Fund Manager
PORTFOLIO MANAGEMENT SOFTWARE
Contact Us

Re: Capital Gains calculation

[ Q2 03 - Q4 05 Archive ] [ Current Message Board ] [ Archives ] [ Search ]

Posted by Mark on February 19, 2005 at 11:24:09:

In Reply to: Capital Gains calculation posted by John on February 18, 2005 at 23:42:43:

: I had one transaction in a mutual fund last year that should create a small capital gain. My Redemption record shows a sale of 292.056 shares @ 6.163 for $1800.00. The Capital Gains-AVG Report shows a sale on that date of 264.306 shares and a Sell Value of $1628.97. It gives me capital loss of $1367.69 when there should be a capital gain of $71.31. Why is there a difference in the number of shares in the Capital Gains Report compared to the Redemption record?


Hi John,

Could it be that this sell is showing up twice, once as a short term and once as
a long term? The 2 items (short/long) should add up to the number of shares
sold in the sell transaction.

Thanks,
Mark
--
Mark Beiley
Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP/2003



Replies:



FundManagerSoftware.com | Search | Site Map | About Us | Privacy Policy