One of the goals of the Global Investment Performance Standards (GIPS) is to obtain worldwide acceptance of a single standard for the calculation and presentation of investment performance based on the principles of fair representation and full disclosure.

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This statement is true. The aim of the Global Investment Performance Standards (GIPS) is to ensure that investment firms present their investment performance in a fair and transparent manner, using a single standardized methodology that is widely accepted globally. The principles of fair representation and full disclosure are central to GIPS, which aims to promote greater credibility, transparency, and comparability of investment performance reporting across borders.

One of the Goals of the Global Investment Performance Standards