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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Current

Effective: 1 November, 2012

Categories: Composite Construction

Source: GIPS Handbook, 3rd Edition

Is there a minimum number of portfolios, a minimum percentage of a firm’s portfolios, and/or a minimum amount of money that must comprise a legitimate composite?

No. There is not a minimum number of portfolios, a minimum percentage of a firm’s portfolios, and/or a minimum amount of money that must comprise a composite. All actual, fee-paying, discretionary portfolios must be included in at least one composite; composites must be defined according to investment mandate, objective, or strategy.

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