Set an Override

The override can be set directly within a dynamic mutual fund performance (DMFP) field.

To set up a new (or edit an existing) DMFP field:

1. Click the Advanced button (brings the optional advanced tabs onto the screen).
   
   

   Open

   

2. Select the Values tab to insert an override, as shown in the following figure. 
   The value defaults to $1000.

3. Double-click inside the Value cell.

4. Enter the new value.

5. Click OK.

Best practices suggest leaving the value at $1,000 (SEC methodology). Use of the override is meant as a convenience for certain ad-hoc situations such as building data to be used in a custom advanced report. In such cases, it is recommended to use a specific naming convention for fields that have had the override applied to discern them from standard fields. For example, use ITD logging 10K to indicate this is an audit logging field for the ITD period based on a $10,000 initial investment.

Once set, the override value is used in the processing for that field. This is not a system level setting. Also note the interface accepts positive, non-zero integers up to 12 figures (for example, $100,000,000,000). 

In addition to the standard 'total return' field effect, the override can be applied to fields with other effects as well. This includes the audit daily total return effect which can be used to populate daily ending market values to the Performance database. For more information on audit logging, refer to Audit Log.