In the past I've treated that as a stock split, adding or subtracting
the number of shares that brings you to the new total. In the U.S. I
believe a mutual fund conversion like this normally has no tax
consequence. (Note: I'm not an expert, just a guy.)


On Tue, Feb 15, 2022 at 7:19 PM Jack Frillman via gnucash-user
<[email protected]> wrote:
>
> How should I handle a "Mutual Fund Share Class Conversion".
>
> In my case I had the following transaction, see summary below, show up
> in my broker account:
>
> (410.20900)  shares of DF DENT MID CAP GROWTH FUND INSTL CL N/L (DFMGX)
>   converting to
> 410.08500  shares of  DF DENT MID CAP GROWTH FUND INSTL PLUS CL N/L (DFMLX)
>
> No price or $ amount is associated with this transaction.
> The only things that changed are 1) ticker symbol, 2) name of Mutual
> Fund, 3) number of shares.
>
> Not sure what to do.
>
> Any suggestion will be greatly appreciated.
> Thanks.
> Jack
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