How do I set the value of a stable fund?

[Derek Atkins]

Hi,

Quoting Matt Burkhardt <mlb at imparisystems.com>:

> For example, I have shares in the JPMorgan Stable Asset Fund - and the
> price is ALWAYS $300 and is not listed as a fund or a stock anywhere.
> How would I get it to calculate the total amount?

Just treat it like a stock.  Give it some name and just treat it like
a stock.  If the price is always $300 then the price is always $300.
It's the same as if the price were always $1.

> In the meantime, the way it maintains the price is by  issuing dividends
> and reinvesting those into additional shares, so it still has to act
> somewhat like a stock.

Right.

> Please remember to CC this list on all your replies.
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-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
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