This past week DWS Scudder merged it's Short term bond fund into DWS Short Duration Plus fund. To update my Scudder account, I did a Corporate Securities Spin-off transaction with the following results: Q07 opened a new fund in the Scudder account for the DWS Short Duration fund calculating the new number of shares and the total $ amount correctly for the new Fund. When I look at my portfolio it now shows both the old fund and the new fund. It did not Zero out the old fund and therefore the total $ for the account is twice what it should be. I tried to delete the old fund but Q07 would not allow it, it suggested deleting each and every one of the transactions one at a time, I have date that goes back to 1992 with many transactions. Is there a way to hide a Fund that is in an account so that the $ does not show in my Net Worth? When I tried to do that it hides the whole account not just one fund. Am I missing something shouldn't Q07 have zeroed out the old fund automatically? If it did I would not have this problem.
- posted
16 years ago