RINA Systems announces new features for Performance Suite 7 -- Performance Suite 7 will be available to ship or download on July 7th, 2004.

For several months RINA Systems has been developing a new version of the award-winning Performance Suite software and on July 7th, 2004 we are proud to start shipping the new Performance Suite 7 software. We believe that this release marks a substantial evolution in our suite of products, integrating many of our clients most requested features over the previous year. We have expanded the capability of the Performance Suite in several areas including:

• New graphs to better analyze historical risk
• Control of assumptions on fixed capital
• Application of constraints to a portfolio
• New input file formats
• Implementation of hypothetical fees
• Portfolio Scaling Strategies in Money Manager 7

The detailed features that we have added to our Performance Suite software are:

New Graphs To Better Analyze Historical Risk:

Some of the new graphs in Performance Suite 7 include:

• Cumulative Return and Drawdown
• Return and Drawdown (by month)
• Rolling 12/24/36 Months Sharpe Ratio
• Rolling 12/24/36 Months Return
• VAMI and Drawdown

Save Chart Image - This new feature allows users to save the graph image directly from Portfolio Evaluator 7 to bitmap format. To save a graph as a bitmap, click this button and specify a filename, then click "Save".

Save Chart Data - This feature exports the data from the graph, e.g. equity values by date, to an excel spreadsheet file. To save a data file, click this button and specify the text filename and click "Save."

Control Of Assumptions On Fixed Capital:

Portfolio Evaluator now lets the user determine the assumptions from which percent returns are derived. This let's users determine whether returns were generated from a fixed funding level or should be calculated from the accumulated equity. It allows more accurate simulations that better reflect the way users trade and compound their returns.

Portfolio Evaluator 7 has the ability to apply constraints to generate more realistic simulations of portfolios. This feature allows the system developer to gain a better understanding of how capital or investment policy constraints will impact the performance of a portfolio. Constraints are available for the following attributes:

• Margin to Equity
• Margin to Fixed Capital
• Open Position to Equity
• Open Position to Fixed Capital
• Open Long Position to Equity
• Open Long Position to Fixed Capital
• Open Short Position to Equity
• Open Short Position to Fixed Capital

Constraints can be applied either singly or together (multiple constraints).

New File Input Formats:

Returns Only and Trades Only, Ability to weight returns Portfolio Evaluator 7 has the ability to import various formats including the XML trade and price format exportable from TradeStation, a more limited trade only variation in XML format, and finally a return only format. This allows users to bring into Portfolio Evaluator 7 results from actual trading, and analyze them along side the hypothetical portfolios, adding greater flexibility.

Portfolio Evaluator 7 currently has the ability to simulate the impact of deducting fees from a stream of returns. This helps user determine how simulated returns would have realized after accounting for various expenses, including both management and performance fees.

Portfolio Scaling Strategies in Money Manager 7:

Money Manager supports portfolio-scaling strategies. The strategies can be applied individually or simultaneously with money management strategies. The strategies are applied using the same parameters to all markets in the portfolio (the settings are on a portfolio basis). The following strategies are available for adding to positions:

• Scaling in with Average True Range
• Scaling in with Standard Deviation
• Scaling in with Margin

The following strategies are available for reducing positions:

• Scaling out with Average True Range
• Scaling out with Standard Deviation
• Scaling out with Margin

Click Product Ordering to purchase Performance Suite 7.

Click HERE to download the Performance Suite 7 Order Form in Adobe Acrobat format.