bboo

Paraguay Wrote:
-------------------------------------------------------
> smokin'hot Wrote:
> --------------------------------------------------
> -----
> > AMC- disclose both- REQUIRED
> >
> > GIPS- you can present either, but gross is
> > RECOMMENDED
> >
> > GIPS, P/E: net of fees and gross of fees
> SI-IRR
> >
> > Wrap Fees/SMA- must present returns after
> > deduction of all BUNDLED FEES (this makes sense
> if
> > you think about it)
>
>
> This was everyones take, however have you taken
> the sample exam? The question specifically says a
> violation took place because they did not report
> net of fees returns.


Was there supplemental information to convert from gross to net?