Summing Effects
- Kavitha Thangaswamy (Unlicensed)
- Pamela Totas (Deactivated)
Owned by Kavitha Thangaswamy (Unlicensed)
This section describes the summing effects: Gross and Next Expenses and Post tax.Â
Summing Effects (Gross and Net Expenses)
You can use this effect to show the impact of per share expenses and expense waivers. When you select either of these return options, PACE treats these per share elements like distributions. Therefore they are included in the summing of per share values.
If you do not want the value to be impacted by this information, do not choose the gross or net option for this field. Similarly, if you only want to see the effect as it pertains to the per share expense, you need to deselect all the distribution types.
Summing Effects (Post Tax)
If you set the return type to post-tax or post liquidation, the summing effects is adjusted by the impact of the historic tax rate.