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JSE prices - Mutual Funds

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Posted by Bob Corbett on January 12, 2000 at 15:04:00:

Hi Mark,
Magic product and the jse fix works well with shares, however mutual funds are a bit of a problem as they download (after the 100 fix) as 1000 times the value.
(Before the fix they downloaded as 100000 times)
ie after the 100 fix the share price is correct but the mutual fund price is
R1,000.00 instead of R1.00
On the Johannesburg Stock Exchange all shares codes are 3 letters long while the Mutual Funds are four letters long; maybe that will help you devise a solution. Thanks





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