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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ArchivedEffective: 1 March, 2006 - 31 October, 2012Categories: Composite ConstructionSource: GIPS Handbook, 2nd Edition
Is there a minimum number of accounts, or a minimum percentage of a firm’s accounts, and/or a minimum amount of money that must comprise a legitimate composite?
No, there is not a minimum number of accounts, or a minimum percentage of a firm’s accounts, 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 are to be defined according to similar investment objectives and/or strategies.
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