Sunlife Distribution Fund

What sort of Investment Account should I use for SunLife Distribution Fund in Quicken 2000?

The Distribution Fund is different from other funds in that every six months on the distribution date the fund is divided into two components - Income and Capital.

The Income component is then transferred out of the Distribution Fund and used to buy units in the Cash Fund. As a result the price of the units in the Distribution Fund falls to reflect this movement.

BUT the combined value of the remaining units in the Distribution Fund and the units in the Cash Fund is equal to the total value of the units in the Distribution Fund immediately before the transfer took place.

The Cash Fund can be used to either pay out cash to the investor, or to purchase units in the Distribution Fund.

I initially set this up as a Bond, but am having problems with the fact that there are two funds (Cash & Distribution).

Thanks for replies

Brian

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