default behavior of mutual fund accounts

Dave Peticolas dave@krondo.com
04 Aug 2001 14:27:55 -0700


On 28 Jul 2001 11:42:56 -0500, Dale Alspach wrote:
> One could also argue that a cash management account is really a bank or
> savings account and not a mutual fund and so the type mutual fund should be
> used only for accounts where price is a derived number. Is this what the
> developers intended? What is the correct setup for an investment account
> which  has various types of investments as subaccounts? Is the top level a
> bank acount which then has stocks, mutual funds, and bank accounts as
> subaccounts?

For a fixed-price account like a money market account, I think it's
fine to use a 'bank' account type, rather than a mutual fund. For a
generic top-level asset account, it's probably best to use 'asset'.

dave