The residual sector field allows the user to direct residuals to named buckets on a per-security basis, rather than just to a generic residual category.
- If the residual field is left blank, all residual return is directed to the default residual bucket, which may be renamed using the ResidualReturnLabel field in the configuration file.
- If the residual field is set to some other value, a new residual bucket is set up with that name and all residual return from securities with this residual value is directed to the new bucket. For instance, setting up a new residual bucket with a value of Country spread for a group of securities will result in a new return field with this name appearing on all residual reports.
If the residual field is set to the value of a return label that has already been set up, all residual return for that security is added to that return bucket. For instance, if you want to direct all residual return from a complex swap to , set the residual field for that security to the value Duration.