Q & A Database

The GIPS Standards Q&A database contains questions and answers (Q&As) on various searchable topics that provide additional interpretation on an issue. Q&As are considered to be authoritative guidance and must be followed in order to claim compliance with the GIPS standards.

Content from prior Q&As was included in the GIPS Standards Handbook as much as possible and many Q&As were archived. Change the Status drop-down filter to "Archived" to see the archived Q&As.

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Effective

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1 Result

Archived

Effective: 1 March, 2006 - 31 October, 2012

Categories: Model Results

Source: GIPS Handbook, 2nd Edition

Firm A wants to offer a new investment management style. To demonstrate its capability to manage assets according to the new balanced strategy, Firm A creates a new balanced composite and produces three years of performance history using hypothetical assets and a back-tested asset allocation strategy. Can Firm A present this hypothetical composite history as a GIPS-compliant presentation?

No. Composite returns must only contain actual assets under management.

Please also see updated Q&A