GIPS-man Quiz #2

Which of the following is subject to the main GIPS standards, and not the Private Equity Provisions? a) secondary funds b) open-end funds c) closed-end funds

B

B. What is the secondary fund? Any relationship to Fund of funds?

B

def B

B is correct answer

What is the term that goes with open-end fund. “Green” something or another. What does that mean?

Evergreen funds, they allow for ongoing investment and redemptions, as do open-ended funds

What are secondary funds?

B for sure