For GIPS Presentation and Reporting Requirements, if the composite contains five portfolios or less,
A. The number of portfolios is not required B. The composite is not required C. Both
C?
It could be B, too, and you should disclose it in the notes?
Almost 100% sure it’s A.
(Just remember this.)
A. 100% sure on this one.
A
Definitely A. Number of portfolios and measure of dispersion does not need to be shown if number of portfolios is 5 or less
Correct, it’s A.
When the test is approaching, we can see more people use “100%”, “definitely” wordings. It’s a good sign:)