WRITERS NOTE: is addtl setup required for benchmark? must it be a security with Investment Type of INDX
Create Performance and Benchmark Data
In the Create Performance and Benchmark Data panel, you can add performance data for fund or benchmark returns for use with performance fees.
To create performance and benchmark data:
- In Accounting Center, in the left navigation pane, click Transactions > Expenses > Performance Fees > Create Performance and Benchmark Data.
You see the Create Performance and Benchmark Data panel. - In the Return Type list, select Fund or Benchmark.
- Complete the options in the Create Performance and Benchmark Data panel.
You must identify the fund or benchmark, and identify the corresponding performance return, period, and date. - Click Submit.
Create Performance and Benchmark Data Panel Options
The following are the options in the Create Performance and Benchmark Data panel.
Option | Tag | Description |
|---|---|---|
Add Performance Data | ||
Return Type | 1257 | Indicates whether the performance data applies to a fund or to a benchmark. When you select an option, additional fields appear where you can identify the fund or benchmark. Options include:
|
Entity ID | 1163 | Specifies the entity identifier for the fund. This field appears if you set the Return Type field to Fund. |
| Entity Name | 1164 | Specifies the entity name for the fund. This field appears if you set the Return Type field to Fund. |
| Benchmark Name | 1141 | Specifies the name for the benchmark. This field appears if you set the Return Type field to Benchmark. |
| Benchmark Primary Asset ID | 14 | Specifies the primary asset identifier for the benchmark. This field appears if you set the Return Type field to Benchmark. |
Return % | 16254 | Specifies the performance return for the corresponding fund or benchmark, expressed as a percentage in decimal format. |
| Period | 3261 | Identifies the period associated with the corresponding fund or benchmark return. Options include:
|
| Return Date | 221 | Specifies the date for the corresponding return. The return date is based on the type of performance fee you use. Current period performance fees always need the return data from the previous accounting date in order to calculate the current accounting date performance fee. Prior period performance fees always use the prior accrual calculation method date. For example, if you set up a fund to accrue monthly, then the return date is the prior month end calendar date. Even if the prior month end calendar date occurs on a non-business date, this is the date that you use to store benchmark returns. |
Edit Performance and Benchmark Data
In the Edit Performance and Benchmark Data panel, you can change one or more performance data entries for a fund or benchmark for use with performance fees. You can only edit the return value.
To edit performance and benchmark data:
- In Accounting Center, in the left navigation pane, click Transactions > Expenses > Performance Fees > Edit Performance and Benchmark Data.
You see the Edit Performance and Benchmark Data panel. - In the Return Type list, select Fund or Benchmark to indicate whether you want to edit fund or benchmark data.
- Identify the fund or benchmark with data you want to view.
You can specify the Entity ID and Entity Name values to identify a fund. You can specify the Benchmark Name or the Benchmark Primary Asset ID values to identify a benchmark. - Specify a starting and ending date for the data you want to edit in the Begin Date and End Date fields.
- Click Submit.
You see a row for each performance data entry that met your criteria in the Show All tab. - Select the row for each entry you want to update so that a check mark appears in the check box, and click Change Performance Data.
In the Change Performance Data grid, you see a row for each entry you selected. - Click the row for each entry you want to update, and make your changes.
You can change the Return value for each entry. The remaining fields are locked and you cannot change them. - Click Submit.
Delete Performance and Benchmark Data
In the Delete Performance and Benchmark Data panel, you can delete one or more performance data entries for a fund or benchmark for use with performance fees.
WRITERS NOTE: Panel initially shows errors even when data is correct, then shows list
To delete performance and benchmark data:
- In Accounting Center, in the left navigation pane, click Transactions > Expenses > Performance Fees > Delete Performance and Benchmark Data.
You see the Delete Performance and Benchmark Data panel. - In the Return Type list, select Fund or Benchmark to indicate whether you want to delete fund or benchmark data.
- Identify the fund or benchmark with data you want to delete.
You can specify the Entity ID and Entity Name values to identify a fund. You can specify the Benchmark Name or the Benchmark Primary Asset ID values to identify a benchmark. - Specify a starting and ending date for the data you want to delete in the Begin Date and End Date fields.
- Click Submit.
You see a row for each performance data entry that met your criteria in the Show All tab. - Select the row for each entry you want to delete so that a check mark appears in the check box, and click Delete Performance Data.
In the Delete Performance Data grid, you see a row for each entry you selected. - Review the rows for each entry you selected for deletion.
The fields that describe each entry are locked and you cannot change them. - Click Submit.
The system delete the performance data you selected for deletion.
List Performance and Benchmark Data
In the List Performance and Benchmark Data panel, you can view performance data for a fund or benchmark for use with performance fees. You can review data by entity, benchmark, and return date. You can review the most recent data or can also view historical information for the data, which includes any data changed or deleted.
WRITERS NOTE: Panel initially shows errors even when data is correct, then shows list
To list performance and benchmark data:
- In Accounting Center, in the left navigation pane, click Transactions > Expenses > Performance Fees > List Performance and Benchmark Data.
You see the List Performance and Benchmark Data panel. - In the Return Type list, select Fund or Benchmark to indicate whether you want to view fund or benchmark data.
- Identify the fund or benchmark with data you want to view.
You can specify the Entity ID and Entity Name values to identify a fund. You can specify the Benchmark Name or the Benchmark Primary Asset ID value to identify a benchmark. - In the Query History list, indicate whether you want view historical information for the data.
Options Include:
- Yes. Display historical information for the data.
- No. Default. Do not display historical information for the data. - Specify a starting and ending date for the data you want to view in the Begin Date and End Date fields.
- Click Submit.
You see the data that met your criteria in the Performance Data Detail tab or the Show All tab.
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