Re: Discrepency in internet price retrieve
[ Message Board ]
[ Archives ]
[ Search ]
Posted by Av
on August 03, 2007 at 13:55:06:
In Reply to: Re: Discrepency in internet price retrieve posted by Mark on August 03, 2007 at 10:09:29:
: : Hello,
: : I created a portfolio and entered transactions (since my broker and many fund companies are not available for internet transaction retrieval). I did a internet price retrieve to get all subsequent prices. What I notice is that the ending values of some funds are exact to the dollar while others are off by a few hundred dollars. Why the discrepency? : : Thanks, : : Anil. : Hi Anil, : The value is calculated by multiplying your share balance by the closing price. I would suggest verifying that your share balance is exactly correct. If the share balance is correct, then check the closing price. If the share balance is off, look at your recorded transactions, to see why. : Thanks,
: Mark
: --
: Fund Manager - Portfolio Management Software
Thanks for the response.
I don't think either is the issue. Here is an example- I enter a Buy transaction for a fund in say 2002, taking care to enter the # of shares and price correctly. After that, I make no further transactions except for dividend/lt/st cap gains etc that are re-invested. If I check the # of shares now, the number that Fundmanager shows doesn't match up with what my fund company shows (ofcourse, I did an internet retrieve of the price). So, it is as if FM didn't get the re-invested dividends/gains correctly.
Thanks, Av
Replies:
|