Return of Capital (ROC) – How it works
calculating whether you have a capital gain or loss when you sell units of a mutual fund. ACB is the average price you paid for the units you own. Here’s how it works: Kate's Mutual Fund Purchase 0 2 Kate purchases 100 of a fund at $10.00/unit At another time, Kate purchases 100 of a fund at $12.00/unit Kate now has 200 with a total ... ................
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