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 January, 2006 - 31 October, 2012Categories: Composite ConstructionSource: Guidance Statement on Composite Definition
Can a firm include a single portfolio in more than one of the firm’s composites?
Yes. The Standards state that firms must include all actual, discretionary, fee-paying portfolios in at least one of the firm’s composites. If the portfolio meets the defined criteria for inclusion in more than one composite, the firm must include the portfolio in all the firm’s appropriate composites. For example, a firm may have a large-cap composite and a large-cap growth composite. If the firm manages a portfolio that meets the criteria for inclusion in the large-cap composite as well as the large-cap growth composite, the firm must include the portfolio in both composites.
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