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.
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 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.
As with return calculations, you can have fields that cover multiple periods on the same report. For example, if you want to see the high price for the 1Y, 3Y and 5Y period on the same report, all you need to do is have a field to cover each time period.
When the field shown in the previous figure is used in a Performance Analysis report, PACE retrieves and analyzes a year's worth of NAVs for each fund and display the highest price during the one year period as a column in the report.
There are several categories and effects to choose from. Build a field with the category and effect you want and put it into a report.
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