To claim GIPS compliance in reporting portfolio performance, the standards require:
A) a 5-year performance record, or since inception if the fund is less than 5-years old.
B) that the majority of the firm's funds meet GIPS standards.
C) that the majority of the firm's portfolios are included in the performance record.
D) a firm build toward a minimum record of 20 years of reported performance.

Question

Quizplus · Accepted Answer

GIPS standards require firms to initially present at least a 5-year performance record, or since inception if the fund is less than 5 years old, and then build up to a 10-year record.

To Claim GIPS Compliance in Reporting Portfolio Performance, the Standards