You can use a Linked type benchmark to:
- Link Create a Linked Benchmark Entities. A Linked benchmark links different entities, such as indexes or custom indexes, at the Total level over time. The linked index is assigned to be equal to the Total level of only one entity at any given time.
For example, Custom Index 2 is equal to 100 percent of the S&P 500 for 1/31/95 to 1/31/98. Then, from 1/31/98 forward, Custom Index 2 is equal to 100 percent of the Russell 2000.
- Create a Hurdle-Based Benchmark. A Hurdle Based benchmark allows you to build a benchmark with a return specified as a certain number of basis points relative to a source benchmark. You can apply the basis points offset to each observation in the period or you can adjust for compounding.
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