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CGT query

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luckylizard Posts: 56 Forumite

19 January 2008 at 2:26PM in Savings & investments

i've just switched my Midas Balanced Growth fund into another fund using Cofunds switching service. the Midas fund was worth less than the amount I originally put in -- does anyone know if this counts as a loss for CGT purposes? in other words, is a 'switch' the same as a 'sale'? both funds are held outside ISAs.

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CGT query

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