How do I set the value of a stable fund?

[Derek Atkins]

Hi,

Quoting Matt Burkhardt <mlb at imparisystems.com>:

> On Wed, 2008-05-07 at 13:24 -0400, Derek Atkins wrote:
>
>> 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.
>
>
> Is there someplace I can set it?  Right now, it wants a Security Type
> such as FUND or NYSE - but then I have no place to default a price.
> Also, I can't include these on the default Assets &
> Liabilities:Investment Portfolio Report - just get "An error occurred".

Just enter a price into the Price Editor manually based on whatever
you called the security when you created it.

> So what I would like to see in my Accounts page is the price - I've
> tried some additional fields, like the Total(USD) works great for mutual
> funds and regular stocks that do have stock symbols.

Right.

>>
>> > 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.
>> > You can do this by using Reply-To-List or Reply-All.

-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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