Mutual Fund - Record Cash in Lieu Transaction

Considerations

GainsKeeper carries share amounts out to four decimal places in order to allow users to accurately record Dividend Reinvestments, Mutual Funds and other partial share purchase arrangements. GainsKeeper will also calculate and maintain fractional shares in your account that were created by corporate actions. In most cases, your broker will allocate cash-in-lieu for fractional shares created by corporate actions. Use this page to enter a Cash in Lieu transaction into the GainsKeeper system.

Click one of the icons above to view either a list of the transactions available for that category, or click the Baseline Holdings icon to access the Add New Baseline Holdings page.

Procedure

From the Manually Record Trades page, click the Mutual Fund icon to access the Mutual Fund - Record Transaction page. From this page, select Cash in Lieu from the Action drop-down list. The Mutual Fund - Record Cash in Lieu Transaction page displays.

1. Select the account to which to record this transaction, from the In Account drop-down list. If you only have one account, this drop-down list is not displayed.

2. By default, the Action on this page is set to Cash in Lieu. To change this, select a different transaction from the Action drop-down list. The fields that display depend on the transaction that is selected.

3. Enter the date equal to the date of the corporate action causing the fractional share amount in the Transaction Date (mm/dd/yyyy) field. You can also click the Calendar icon and select the appropriate transaction date from the calendar that displays.

4. Do one of the following:

• Select the Symbol radio button - Enter the security Symbol in the field provided and select whether it is Long or Short. You can then click Verify to confirm you have entered the correct symbol for the security. Once you click Verify, the corresponding 9-digit CUSIP displays in the CUSIP field.

• Select the CUSIP radio button - Enter the 9-digit CUSIP of the security in the field provided. You can then click Verify to confirm you have entered the correct CUSIP for the security. Once you click Verify, the corresponding security symbol displays in the Symbol field.

5. Select the type of security from the Security Type drop-down list. By default, this field is set to Mutual Fund for this transaction.

6. Enter the amount in the Cash in Lieu Amount field.

7. To record the Cash-in-Lieu transaction, click the Record button. To record the transaction and continue to enter additional transactions, click the Record & Repeat button. To leave this page, without recording the transaction, click the Cancel button.

Example

Click here to view an example of the Mutual Fund - Record Cash in Lieu Transaction page.