About the Performance NAV Calculation

The Performance NAV calculation uses Eagle PACE data warehouse data to determine the difference between daily STARDIRECT and STARPERF sourced holdings market value data:

When the entity is multi-class, the service uses the allocation percentages from daily activities to calculate the class specific market value movement:

It then adds the Market Value Delta to the daily accounting total net assets calculated for that effective date to determine the Performance TNA:

Next, the calculation divides the Performance TNA by the daily accounting Shares Outstanding for that effective date to determine Performance NAV Per Share:

Finally, if you set up an entity with a Multicurrency NAV Rule, the calculation multiplies the Performance NAV by the applicable current effective date FX Rates to determine the Performance Multicurrency NAVs.