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标题: GIPS: valuation policy [打印本页]

作者: Muddahudda 时间: 2011-7-11 19:29 标题: GIPS: valuation policy

1.A.3

FIRMS MUST value PORTFOLIOS in accordance with the COMPOSITE-specific
valuation policy. PORTFOLIOS MUST be valued:

c. No more frequently than required by the valuation policy.

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Can you explain why it's "No more frequently than required by the valuation policy"?

作者: susana 时间: 2011-7-11 19:29

because they could 'game' performance by picking dates that show their best returns....

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