net of fee return required in GIPS?

CFA Level III
#1

only remember gross of fee recommended, anyone know the net of fee required?

#2

You can report either for general GIPS. Real Estate and PE have separate requirements. I BELIEVE its Real Estate gross is required and PE both are required. Don’t quote me on that.

#3

no in PE require both net and gross of SIRR , but someone said net of fee return is required and I can not remember where to find it in textbook

#4

Standard: You can report net or gross, you just have to disclose which Real Estate: You can report net or gross, you just have to disclose which, but it’s recommended that you show both Real Estate Composites: Net Private Equity: Net and gross

#5

…but the Asset Manager Code requires that you show both net and gross…

#6

I just did a CFA Sample today that said net return was required and gross was recommended.

#7

I still can not find net of fee return is required in composite presentation . It only stipulate you can choose gross of fee or net of fee . They recommend gross of fee.