[GNC] Project and Design Documentation

flywire flywire0 at gmail.com
Sat Sep 21 01:25:27 EDT 2024


https://lists.gnucash.org/pipermail/gnucash-user/2024-September/113205.html
John
Ralls wrote:

> ...


Posts with links can be opened directly if there is clear space around the
link.  Would commodity Wheat be Type Stock?

While this is raised in the context of Managed Funds
https://www.gnucash.org/docs/v5/C/gnucash-guide/invest_concepts1.html#invest_types2
defines Stocks and Mutual Funds:

> ...A mutual fund is a group investment mechanism in which you can buy into
> many stocks simultaneously. For example, a “S&P 500 index fund” is a fund
> which purchases all 500 stocks listed in the Standard and Poor’s index.
> When you buy a share of this fund, you are really buying a small amount of
> each of the 500 stocks contained within the fund. Mutual funds are treated
> exactly like a single stock, both for tax purposes and in accounting.


Firstly, the definition applies equally to Exchange Traded Funds and
unlisted Managed Funds. Seems painful splitting the same stock exchange
(workspace) into two types. Why differentiate between Account Type Stock
and Mutual Fund?

Secondly, assuming there is good reason to split from Stock, why not use a
more generic term "Fund" for Account Type instead of "Mutual Fund"?


Regards

>


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