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This feature is optional and may be useful to clients that build their own advanced reports. For example, the ability to override the initial investment would allow ' audit logging ' fields to be based on a $10,000 investment. Therefore, the daily market values logged to the audit tables would reflect that investment and could be used to feed a custom Growth of $10,000 report.
It is important to note that at this time, PACE supports the application of a maximum applicable load (per SEC methodology). This override feature does not imply support for tiered front end loads in the return calculation.