Re: TR Price Prime Reserve fund

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Posted by Mark on March 10, 2007 at 16:45:25:

In Reply to: TR Price Prime Reserve fund posted by Brent on March 10, 2007 at 16:37:35:

: Hi All,

: I have just added a new fund to my portfolio. It is the T Rowe Price Prime Reserve Fund. Ticket is PRRXX. It is a money market fund. I bought it a one dollar a share, and the objective is for it to stay at one dollar a share while providing cash flow. It is one a share today as well. However, when I update prices for fund it is changing to $4.80. Can anyone give me some ideas on how to fix this problem?

: Thanks in advance,
: Brent

Hi Brent,

When retrieving money markets from Yahoo, the 7-day yield is reported, instead of $1. To fix this, just edit the "Investment Properties... / Internet Retrieve" for this investment and turn off "Retrieve Price". You don't need to retrieve the price for this, since it is always $1.

BTW, when you create a new investment, if you select the "Cash" investment type, this option is turned off by default for you.

Thanks,
Mark
--
Fund Manager - Portfolio Management Software

Replies:

• Re: TR Price Prime Reserve fund Brent 16:50:17 03/10/07 (0)