How do I calculate the average cost method of a mutual fund if the fund price split?
If your mutual fund split, or adjusted its price, it would be treated just like a stock split. Your total basis doesn’t change after the split, but since you now own more shares without paying any more money, your per-share basis will decrease. To calculate your per-share basis, divide the total cost that you have invested in the fund (minus any shares previously sold) by the current number of shares that you hold.
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