Canadian Investor

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Hi,

I'm an investor based in Canada and I want to know if FundManager will retrieve transactions from E-Trade Canada (on your website is lists E-Trade, but I thought I'd confirm it would work with E-Trade Can.)?

Also, from what I can gather from reading some of the other posts, FundManager will do a pretty good job of keeping track of capital gains/losses for Canadian investors who invest in the US market. Our tax authority wants us (Canadian investors) to keep track of our cost basis and sale price in Canadian dollar terms at the date of the transaction(s). For example, if I bought MSFT in 2002 at US$30.00 at USD/CAN $1.50 or $45.00 per share Canadian and then sold MSFT 2 years later at US$30.00 at USD/CAN $1.20 or $36.00 per share, it would be a loss of $9.00 per share for Canadian reporting purposes. Will FundManager be able to track this for me? Do I need to enter in the currency rates each trade? Will it re-calculate the cost basis if I incrementally add to my MSFT position over time (ie., 200 shares, then 500 shares, then 300 shares, etc. until I own 2,000)?

Thanks,

Dave.

Replies:

• Re: Canadian Investor Mark 12:45:45 02/21/05 (3)
  • Re: Canadian Investor Daniel 20:39:07 02/28/05 (2)
    • Re: Canadian Investor Mark 20:58:55 02/28/05 (1)
      • Re: Canadian Investor Daniel 21:29:14 02/28/05 (0)