Merging securities

Alan Charles's Avatar

Alan Charles

13 May, 2024 02:48 PM

Effective from 3 May, Invesco merged their Y share class into their Z share class. I know the unit conversion rate for each security but how can I update Moneydance without deleting the history of the investments pre-conversion? Should I do a stock split and then manually update the security name and ticker symbol etc? Or is there a better way? Many thanks.

  1. Support Staff 1 Posted by Maddy on 14 May, 2024 10:39 AM

    Maddy's Avatar

    Hi Alan,
    Thank you for contacting Moneydance support.

    Are the investment transactions you wish to merge within the same account?
    If so, you could proceed as follow:

    • Navigate to Extensions->Manage Extensions and install the Toolbox. Launch it and select 'Update mode'

    In the MENU: Currency & Security tools tab, choose:
    FIX: Detect and merge Security within same Investment Account

    Select->proceed and follow the on-screen instruction.

    Finally, restart Moneydance for the changes to be implemented.

    I hope this information is helpful. Please let us know if you have further questions or need more assistance.

    --
    Maddy, Infinite Kind Support

  2. 2 Posted by Alan Charles on 15 May, 2024 10:08 AM

    Alan Charles's Avatar
    Hi Maddy

    Thank you for your response. I have done what you suggested but no duplicate securities were identified.

    This is because, currently, each security is described slightly differently (i.e. denoted by Y Acc or Z Acc) and, of course, they have different ISINs/ticker IDs. What I need to do is merge the Y Acc securities into the Z Acc securities so that I don’t lose the history associated with the original securities.

    Any suggestions? 

    Many thanks.

    Alan

    Sent from my iPhone

    On 14 May 2024, at 11:39, Maddy <[email blocked]> wrote:

     pre { width: 92%; margin: 10px 2%; padding: 5px 2%; background: rgb(239, 239, 239); border: 1px solid rgb(214, 214, 214); } blockquote { margin-left: 0px; padding-left: 1em; border-left-width: 5px; border-left-style: solid; border-left-color: rgb(204, 204, 204); }

    // Please reply above this line
    ==================================================

    From: Maddy (Support staff)

    Hi Alan,
    Thank you for contacting Moneydance support.

    Are the investment transactions you wish to merge within the same account?
    If so, you could proceed as follow:

    • Navigate to Extensions->Manage Extensions and install the Toolbox. Launch it and select 'Update mode'

    In the MENU: Currency & Security tools tab, choose:
    FIX: Detect and merge Security within same Investment Account

    Select->proceed and follow the on-screen instruction.

    Finally, restart Moneydance for the changes to be implemented.

    I hope this information is helpful. Please let us know if you have further questions or need more assistance.

    --
    Maddy, Infinite Kind Support

    On Mon, May 13 at 07:48 AM PDT, Alan Charles wrote:

    Effective from 3 May, Invesco merged their Y share class into their Z share class. I know the unit conversion rate for each security but how can I update Moneydance without deleting the history of the investments pre-conversion? Should I do a stock split and then manually update the security name and ticker symbol etc? Or is there a better way? Many thanks.

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