Managing Dividends and Gains on Core Position
Summary of User Inquiry and Response:
- The main problem reported by the user is the confusion regarding the difference in managing dividends and capital gains in a money market core position, specifically between the options “reinvest in security” and “Deposit to Core Account.”
- The solution provided indicates that there is no difference in the outcome for the core account; both options result in the funds being effectively “reinvested” into the core position regardless of the selected setting.
Here’s the full thread
Is there any difference when managing dividends and capital gains on the core position? For example if my core position is a money market and it pays monthly does setting “reinvest in security” have a different outcome than “Deposit to Core Account” for the money market core position.
Hey there, @kennyisnotdead. Since your core position is where cash is held after a dividend or capital gain payment, it won’t make a difference in your core account. Either way, the funds are “reinvested” into the core regardless of the setting.🟢
perfect thank you!