Mutual Fund Conversion
I have had a problem with mutual fund conversion. I owned some vanguard shares which I converted from investor shares to admiral shares. the conversion was done improperly in that it created an enormous cost basis for the shares. I have a backup that precedes the transaction, and I have read the suggestion that the mutual fund conversion software is flawed and that I should use the corporate acquisition feature instead of the mutual fund conversion. I hold the same shares in three different accounts. two are ira accounts and one is not. I believe that I read that the corporate acquisition feature operates across all accounts. someone else suggested that I just go in manually and correct the data. does anyone have any further suggestions on this point? is there any suggestion from quicken that they might fix this problem with an update. thanks.
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