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.
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ArchivedEffective: 1 July, 2007 - 31 December, 2013Categories: RecordkeepingSource: GIPS Executive Committee
How long must I keep the records? For example, we show a 25-year track record for our Large Cap Value Equity strategy in our GIPS standards compliant presentation. Must we still maintain the records?
Yes. The firm must maintain records to support any performance period presented in the GIPS-compliant presentation. If your firm presents a 25-year track record of the Large Cap Value Equity strategy in the GIPS-compliant presentation, you would need to maintain sufficient records for the full 25-year period. If the composite has a 25-year track record and only 15 years are presented in the compliant presentation, you must maintain records to support the 15 years presented.
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