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Reading 3: Introduction to the Global Investment Performance

Q1. The Global Investment Performance Standards (GIPS) were designed to apply primarily to which of the following groups?

A)   Investment management firms located in countries without locally accepted investment standards already in place.

B)   Investment firms located in the 21 countries that have contributed significantly to promoting and developing the GIPS.

C)   Investment management firms located worldwide that seek to comprehensively and accurately present historical investment performance.

Q2. The Global Investment Performance Standards (GIPS) apply to which of the following parties?

A)   An investment management firm located in Indonesia.

B)   A software firm that developed a software package that assists investment firms in achieving GIPS compliance.

C)   The chief compliance officer for a regional money manager.

afds

a

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o

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thanks

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 thx

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33

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thxs!!!

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thx

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O

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nhu

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