[GNC] Transferring portion of mutual fund account to another fund account

[David Carlson]

If you are in the US and both funds are within the same custodial account
the answer is trivial, just sell one and buy the other.  It only matters
when you withdraw cash.

If you are somehow moving shares from one custodian to another, that is
more complicated.

If they are non-custodial accounts ask your accountant.

David Carlson




On Mon, Feb 4, 2019, 6:37 PM Harry Foerster <hfoerster at shaw.ca wrote:

> Hello I'm a recent user of Gnucash coming over from the Quicken world.
>
>
>
> I would like to get some guidance on how to properly transfer a portion of
> a
> mutual fund total units in account X into another mutual fund account Y.
> The
> transferred units from account X are taken out on a FIFO basis and into
> account Y maintaining the cost basis. This transfer is not a sale and
> purchase and as such does not involve capital gains or losses.  I've looked
> at the concept of lots and scrubbing but I'm uncertain on how the transfer
> gets into the other account.
>
>
>
> Thanks
>
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