Understanding Global Investment Performance Standards (GIPS)

Medium Global Investment Performance Standards Overview Of Gips

The Global Investment Performance Standards (GIPS) are a set of guidelines designed to ensure transparency and consistency in the reporting of investment performance. They apply to the presentation of historical performance and the calculation of that performance to protect investors and promote fair competition among investment firms. It is essential for investment professionals to understand the basic principles and requirements of GIPS.

Which of the following statements about GIPS is accurate?

GIPS are only applicable to mutual funds and hedge funds.

GIPS were established by the CFA Institute.

GIPS provide a framework for performance presentation that promotes transparency and comparability.

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