Mutual Fund Conversion

Use Shares-Removed and Shares-Added with same cost but different share quantity. Shares-Added provides for Acquired Date which is purchase date of Shares-Removed.

In many cases you can use a Corporate Acquisition for this, especially if all the shares you own will be converted. Corporate Acquisition is a pseudo-transaction that generates a shares removed transaction and one shares added transaction for each old lot, to do the "conversion".

This seems to work fine. I did Shares out on 12/8, Fund Name Change on 12/8 then Shares In on 12/8. However, Quicken did not ask me if the name change is to be applied to the entire history or just future events (as it once did before). Therefore, when I view this fund, it shows the new fund Name throughout the fund. I don?t know if this is an issue or not. Also, the Mutual Fund Name Change gets recorded as a "Reminder". I thought this was an error and that I selected "Reminder" so I repeated the action. The Name changes is recorded as a Reminder.

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Use Shares-Removed and Shares-Added with same cost but different share quantity. Shares-Added provides for Acquired Date which is purchase date of Shares-Removed.

I did not see this option but I did implement what Zaidy036 had me do. Thanks

In many cases you can use a Corporate Acquisition for this, especially if all the shares you own will be converted. Corporate Acquisition is a pseudo-transaction that generates a shares removed transaction and one shares added transaction for each old lot, to do the "conversion".

I did see an implication that I did not see earlier. Maybe you have some idea why this is the case: I reconciled my account and when viewing transaction the fund shares amount and cost per share is perfect. The value of the fund is exactly what it should be too.

When I click from "Transaction" view to "Overview", Tab at the top, then set the this to show "Value", it shows the shares to be off. In fact, it shows the shares to be lower by 7.05 shares therefore my Market Value at

12/31 is incorrect. What's weird about this is that I can go back to "Transaction" View and everything is perfect. Why do the two views show a different amount of Shares (causing a different Market Value) for the same date ending 12/31?

I can't re-adjust the shares because in Transaction mode the shares are already perfect. I know the obvious answer someone will be say is some type of rounding error. But I've never seen this before. None of my other funds have done this. I always review all mutual funds in both views and use both views all the time.

Please let me know.

Use Shares-Removed and Shares-Added with same cost but different share quantity. Shares-Added provides for Acquired Date which is purchase date of Shares-Removed.