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 November, 2012 - 31 December, 2019

Categories: Model Results

Source: GIPS Handbook, 3rd Edition

Will a model portfolio, developed by an adviser who does not have discretion to invest assets in accordance with the model, qualify for a composite?

No. A model portfolio must not be included in total firm assets or composite assets. Model or advisory-only portfolios are not actual, fee-paying, discretionary portfolios and must not be included in composites.

Please also see original Q&A