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.
The GIPS Standards Helpdesk is available for individual questions and typically responds to inquiries within 3 business days.
Search by category, status, date range, and/or keyword.
ArchivedEffective: 1 November, 2012 - 31 December, 2019Categories: Performance History/Track RecordSource: GIPS Handbook, 3rd Edition
Our firm has been compliant with the GIPS standards since its inception. Our initial composite with our growth-equity strategy has over five years of performance history. We subsequently added a new mid-cap strategy leading to the creation of a separate mid-cap composite. This mid-cap composite does not have the five years of performance history yet. May we present a compliant presentation for the mid-cap composite prior to the composite having five years of history?
Yes. Even though the mid-cap composite does not have five years of performance history, the mid-cap composite must be created and a compliant presentation must be made available. The compliant presentation must include performance from inception of the composite.
Please also see original Q&A