mutual fund navs - weird updating as of 2/14/11

Feb 19, 2011 4 Replies

This is a followup to my 2/14/11 posting...



For my quicken 2009 dlx - there appears to be something weird with the mutual fund navs & dates since abour 2/14/11.



The normal function for navs is to update the price at the end of the day - and the various quicken screens will show "est" all day - until that happens after the market closes. Of course, there is no updating over the weekend.



NOW - it appears - if you "update" and then look at your mutual fund details with the "update price" listing, that the nav/price is getting updated for "the next day" during the week when you are near midnight. The nav shown is just the a dup of the current day... not actually a new price.



NOW - over the weekend - like today Saturday at 11am cst - perform an "update" for grins... the mutual fund navs are now all updated vs having the "est" shown - and the pricing is merely a dup of the previous day.



Something is wrong with the pricing creation software, as it appears to be grabbing a real time date stamp vs using the date stamp when the actual nav/price was obtained.



Try it over the weekend and see what you get - a normal "est" - or a new nav dup pricing of "yesterday" ?


If you look back through this newsgroup, you will see that every 6-12 months, they let the same programmer out of his cubical, and he screws up the stock or mutual fund prices. It eventually gets fixed.

yeah - just thought I would post a marker for anyone else that might experience a problem -

I note, occasionally, that some of the Brandes and BMO Guardian mutual fund price downloads differ from my broker's figures.

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