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Sale of Nil Paid Rights

General questions about using Fund Manager that do not fit into any other forum.

Postby joy » Thu Feb 14, 2019 12:14 am

Hi Mark,

I bought some shares as part of a rights issue (but not my full entitlement) and then sold the remaining nil paid rights.

What's the best way of handling the sale of the nil paid rights in Fund Manager please?

Joy.
joy
 
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Joined: Sun Jul 28, 2013 4:01 am

Postby Mark » Thu Feb 14, 2019 8:28 am

Hi Joy,

I'm not sure. Can you track the shares and the rights as 2 separate investments, kind of like shares and options? See this:

https://www.fundmanagersoftware.com/faq_options.php
Thanks,
Mark
Fund Manager - Portfolio Management Software
Mark
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Location: Chandler, AZ

Postby joy » Sun Feb 17, 2019 10:48 am

Hi Mark,

I'm don't really understand options very well, so I've decided to use a user-defined distribution type for the sale of the nil-paid rights - but thanks for the suggestion.

Joy.
joy
 
Posts: 10
Joined: Sun Jul 28, 2013 4:01 am


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