What is the "Transfer/Adjustment" transactions on Merrill Lynch statements?
For example JP MORGAN GOVERNMENT BOND FUND CLR2 has transactions that are both credits and debits that are labeled as Transfer/Adjustment?
The Old Guy
Such items are usually for adjusting various buckets for internal item classification and do not one s position and/or balance. The smartest thing to do is to contact the brokerage firm who made the entry
Was this article helpful?