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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1 Result
  • Archived

    Effective: 1 November, 2012 - 31 December, 2019
    Categories: Currency
    Source: GIPS Handbook, 3rd Edition

    Can a compliant presentation be converted and presented in a different currency?

    Yes. Firms can convert composite returns into an appropriate currency for a particular compliant presentation. If a firm chooses to present a composite in a different currency, the firm must convert all required information and additional information into the new currency (e.g., composite and benchmark returns, composite assets, risk and internal dispersion measures). Firms are recommended to present supplemental information in the same currency as the required and additional information. It should be noted that the firm must convert and present the entire composite performance history rather than only a portion.

    If the firm presents performance in multiple currencies in the same compliant presentation, the firm must ensure it is clear which currencies are used to express performance.

    Please also see original Q&A