GIPS presentation standards require
A)a 5-year performance record,or since inception if the fund is less than 5-years old.
B)inclusion of terminated portfolios.
C)cash accounting.
D)exclusion of cash and cash equivalents.

Question

Quizplus · Accepted Answer

GIPS presentation standards require a minimum of five years of performance history or since inception if the fund is less than five years old. This ensures that investors have a meaningful track record to evaluate the fund's performance.

B) Inclusion of terminated portfolios is not required by GIPS but can be included if the firm chooses to do so.

C) Cash accounting is not a requirement of GIPS but rather a choice made by the firm.

D) Exclusion of cash and cash equivalents is not permissible under GIPS. These assets must be included in the performance calculation.

GIPS Presentation Standards Require