标题: Reading 4: Global Investment Performance Standards (GIPS)-LOS [打印本页]
作者: 1215 时间: 2011-2-27 14:40 标题: [2011]Session 1-Reading 4: Global Investment Performance Standards (GIPS)-LOS
Session 1: Ethical and Professional Standards
Reading 4: Global Investment Performance Standards (GIPS)
LOS d: Characterize the nine major sections of the GIPS standards.
The provisions for each section of the Global Investment Performance Standards (GIPS) are divided between:
|
A) |
minimum standards and recommendations. | |
|
B) |
fee-paying and non fee-paying portfolios. | |
|
C) |
requirements and recommendations. | |
Firms must meet all requirements in order to claim compliance with the GIPS standards, and are encouraged to adopt and implement the recommendations.
作者: 1215 时间: 2011-2-27 14:40
The section of the Global Investment Performance Standards (GIPS) that outlines defining the firm and documenting firm policies and procedures is:
|
A) |
Presentation and Reporting. | |
|
B) |
Fundamentals of Compliance. | |
|
|
According to Section 0, Fundamentals of Compliance, the definition of the firm is the foundation for firm-wide compliance and creates boundaries in order to determine total firm assets.
作者: 1215 时间: 2011-2-27 14:40
Within the Global Investment Performance Standards (GIPS) are supplemental provisions which must be applied to which of the following asset classes?
|
A) |
Private equity and real estate. | |
|
B) |
Emerging markets and private equity. | |
|
C) |
Alternative investments and derivatives. | |
The GIPS standards do not address performance measurement or coverage of all asset classes, but sections 6, 7 and 8 are supplemental provisions which must be specifically applied to private equity, real estate, and wrap fee/separately managed account (SMA) portfolios.
作者: 1215 时间: 2011-2-27 14:40
All of the following are titles of one of the nine sections of the Global Investment Performance Standards (GIPS) EXCEPT:
"Implementation" is not a name of one of the nine major sections of the GIPS standards.
作者: 1215 时间: 2011-2-27 14:41
The nine major sections of the Global Investment Performance Standards (GIPS) least likely include:
|
|
|
B) |
input data requirements. | |
|
C) |
verification procedures. | |
The nine major sections of GIPS are: 0) Fundamentals of compliance; 1) Input data; 2) Calculation methodology; 3) Composite construction; 4) Disclosures; 5) Presentation and reporting; 6) Real estate; 7) Private equity; 8) Wrap fee/Separately Managed Account (SMA) portfolios.
作者: tiramisuss 时间: 2011-4-29 10:11
thanks
作者: luqian55 时间: 2011-9-29 10:42
thanks a lot
| 欢迎光临 CFA论坛 (http://forum.theanalystspace.com/) |
Powered by Discuz! 7.2 |