Versions Compared

Old Version 5

changes.mady.by.user Pamela Totas

Saved on

compared with

New Version 6

changes.mady.by.user Pamela Totas

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

Next, add the return for the fund's comparison benchmark return to the report. The Performance Analysis field for a benchmark is the same as the fund's, except you set the entity to be used in the drop-down list list at the bottom of the form. See the following figure. 

This example uses the fund's primary comparison benchmark. The report goes to the entity record for the fund and lookup the benchmark, and then retrieves the return for this column for the benchmark. You also can select a particular index to display against all funds.
For  For example, you can create a column that always displays the S&P 500 return for the period.
The next column shows the difference between the two returns. This is a Rollup Calculation field, pointed at the two performance analysis fields. See the following figure. 

At the end of the report profile are two Contribution to Return fields, as shown in the following figure. These fields weight the returns for the securities or segments within the fund to determine how much each security or segment contributed to the fund's total return for the day.

...

This section describes the Performance Analysis field options. See the following figure. 

The following table describes the options available in a Performance Analysis field.

Option

Description

Name

Controls the default column heading.

Comments

Not displayed on the report.

Precision

Decimal precision of the field. Can be overridden by each user of the report.

Effect

Action performed on the value retrieved from the database. See "Performance Analysis Effects" for a description of each of the effects. 

Smoothing

For Attribution effects, provides backwards compatibility to prior releases. Replaced by Performance Attribution fields.
For Contribution effects, you can set this option to a value of Carino-1992 to apply smoothing when you link this Performance Analysis field over multiple periods. See "Multiple Period Contribution Smoothing" for details.

Frequency

Periodicity of the returns extracted.

Use Preliminary or Final

Set to Final to only display a multi-period return based on this field if all of the observations are in Final status.

Fields

PERFORM database field that is retrieved.

Use Entity

Select the entity to use for the field. You can select:

  • Profile Portfolio, the default value, which is the entity for which the report is running.
  • The primary comparison benchmark, or another option to make it a benchmark field.
  • Other Entities to select from a list of entities. If you select one, the entity is always used for this column, instead of referring to the fund's benchmark from the report profile.
    If you select a value other than Profile Portfolio, the remaining fields in this section become available.

Use Fund Fiscal Year

If you are defining a benchmark field, you can select this check box to link from the fund's fiscal year end date.

Use Fund Inception Date

If you are defining a benchmark field, you can select this check box to link from the fund's inception date.

Use Fund Termination Date

If you are defining a benchmark field, you can select this check box to use the related fund's termination date as a stop date for a linking period when that termination date occurs after the start date but occurs prior to the end date of the link period.
If you select this option for inception-to-date fields or fields greater than one year, the annualization day count also uses the termination date rather than the period end date for the field.

...