Performance Reporting Compliance under the Asset Manager Code

Very Easy Asset Manager Code Performance Reporting

John is an asset manager who recently joined a new firm. He has been tasked with preparing the performance report for his clients. As part of his duties, he wants to ensure that his reporting practices align with the Asset Manager Code's recommendations, specifically regarding performance reporting.

Which of the following practices would be considered compliant with the guidelines set forth in the Asset Manager Code?

Reporting performance results for the most recent quarter only.

Providing performance information that includes both net and gross returns, with clear disclosures of fees.

Calculating and reporting performance with inflated historical data to attract more clients.

Hint

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% Correct72%