ETF - Record Adjusted Lot Transaction

Considerations

An exchange traded fund (ETF) is an investment vehicle made up of a fixed portfolio of stocks that usually matches a particular stock index, or tracks a specific sector of the stock market. They are generally fixed pools with little or no management activity. An ETF is typically taxed as a mutual fund under tax rules for regulated investment companies and its shares are generally treated as stock for tax purposes.

Use this page to manually record an adjusted lot transaction for an ETF.

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 Record ETF icon to access the ETF - Record Transaction page. From this page, select Adjusted Lot from the Action drop-down list. The ETF - Record Adjusted Lot 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 Adjusted Lot. 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 purchase date of the security in the Purchase Date (mm/dd/yyyy) field. You can also click the Calendar icon and select the appropriate 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. 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 ETF for this transaction.

6. Enter the number of shares owned as of the baseline date in the Shares as of Baseline Date (mm/dd/yyyy) field. You can also click the Calendar icon and select the appropriate date from the calendar that displays.

7. Enter the Baseline Date, which is the last date you updated your holdings and cost basis. You can also click the Calendar icon and select the appropriate baseline date from the calendar that displays. GainsKeeper will not adjust this lot for any corporate actions occurring on or prior to this date. The baseline date can be specific to each lot you enter.

8. Enter the total cost of the shares as of the baseline date in the Total Cost as of Baseline Date field.

9. To record the Adjusted Lot 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 there transaction, click the Cancel button.

Example

Click here to view an example of the ETF - Record Adjusted Lot Transaction page.