Q: I had purchased this in a Canadian TFSA. Just reviewing my investments and I must have asked for this to be transferred to the US TFSA due to dividends being paid in US currency. However, the cost is listed as the Canadian amount! No wonder it's showing I'm underwater. but I don't think it correct. Have you or your readers come across this problem before?
5i Research Answer:
Brokerages make mistakes all the time with Adjusted Cost Basis reporting, which is why it is important for investors to keep their own records. But a journal entry should have been fairly easily converted to US$. We have not had any other such reports.