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Selling share rights

Questions about updating prices or transactions in Fund Manager

Postby faezandyc » Fri May 06, 2022 10:49 am

I had some shares of Neuberger (NHS) and there was an offering of rights. My broker sold all the shares and also the rights (NHSRT).
I have two confirmations; one for the shares sale and one for the rights sale.
How do I record that in Fund Manager? I know how to record the shares sale but how are the rights recorded?
Andy
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Postby Mark » Fri May 06, 2022 11:21 am

Hi Andy,

I assume when the rights were issued the number of shares of NHS didn't change? This sounds like a spin-off, where you create a new investment for the rights. You can then sell both the shares and the shares of rights.
Thanks,
Mark
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Postby faezandyc » Fri May 06, 2022 4:16 pm

That works. Thanks.
Andy
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