When creating a new dynamic mutual fund field, assign the category and effect you want. The field can then be added to any performance analysis report (by adding it to the field rule). Alternatively you can create a new rule and report. When the report runs, PACE recognizes the field effect and display the appropriate value. See the following figure.
The previous figure shows an example of a dynamic field configured to display the highest price for a fund over a 1 year period. Note that the category is set to 'Price' and the effect is 'High Price'.
The fields operate in the same manner as the regular processing for a return. That is to say the REPORT report is run for a specific as of date (for example, 12/31/2017). The underlying FIELD is configured to cover a 1 Year period. PACE fetches the daily NAV records for that past 1 year, and in this case, determines the highest value and displays it on the report.
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