The Composite Performance Analysis (CPA) field statistics, shown in the following figure, are used in the field rule for this report. These fields enable you to customize the statistic calculations. For example, you can calculate dispersion statistics for multiple return types like total return and net-of-fee returns.
The following table describes uses for the Composite Performance Analysis field parameters.
Option | Description |
|---|---|
Name | Name you see when you run the report. |
Frequency | The periodicity of the returns that are retrieved for the composite and underlying portfolios, typically monthly but the report also supports daily frequency. |
Preliminary or Final Returns | Selecting Final returns only provides a result if all of the returns for the composite and portfolios are finalized for all of the single periods covered by the statistic. |
Annualize | Select the Annualize checkbox to calculate the statistic based on Annualized returns. Leave the checkbox cleared if you want the statistic to be calculated based on Cumulative returns. |
Calculation Type/Options | In this section, you map the input values for the calculation that is extracted from the database. For Asset Weighted statistic fields, select the performance field to be used for the weight. The field must be stored on the performance database. Typically, this field would be set to either Beginning Market Value or Average Invested Balance. The options for each of the statistics you can put on the report are described in the next section. For a complete list of the Calculation Types you can select, see GIPS Composite Management. |
Date Range Used | Determines whether reports that include this field use the report profile or this field for date range information. Select one of the following options:
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