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GIPS - Large versus Significant Cash Flow Policy

What is the difference between "Large Cash Flow Policy" and "Significant Cash Flow Policy"?

I think its the same as long as the policy is consistent

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"Significant Cash Flow" policy allows you to shunt the portfolio out of the composite or treat it as a temporary new portfolio.

Whereas, "Large Cash Flow" policy just clarifies the size of external flow to re-value portfolio to be compliant with GIPS.

right?



Edited 1 time(s). Last edit at Tuesday, May 17, 2011 at 01:20AM by jbaphna.

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