April of 2007, TIAA-CREF converted all consumer mutual funds to the "Institutional" versions of the funds (with different tickers).
I'm updating my Quicken records (yes, I realize it's almost a year ago), and I can't figure out how to record this. I see an option for "Shares transferred between accounts", but, then, Quicken wants me to set up a brand new account. It's not really a different account. It's a switch from one mutual fund to another.
Is this considered a sale with the $$$ being invested in a new fund? I'm leaning towards this as there are short term capital gains/income reinvestments a few days before the xfer occurred. I'm not certain and I'm wondering how to record this in quicken.
I have Quicken Premire 2007.
Gwen