In GIPS, what happens if the portfolio return goes below the min asset level required ? Do we move it to another composite?? Or is that the initial min asset level?
It needs to be removed from the composite until it reaches the minimum asset level again. It can only be included in another composite if it is deemed as having a similar investment mandate, objective or strategy as the composite.
Shouldn’t the original read as Portfolio Value falls below min asset level?
Thanks mike!
Sorry, yes, level, not return, cpk…