Sale and purchase of Trailing Fee Mutual Fund
I am sure other Canadians are affected. The bank "Sold" a Mutual Fund (CIB901) and bought a similar one (CIB107). There is no Capital gain incurred, so I do not want to Sell & Buy. I am thinking a "Corporate Spin-Off" might be a way of recording the transaction. Any thoughts out there on this, or a different approach?