#19 GIPS Composite Report

'GIPS COMPOSITE REPORT - A presentation for a Composite that contains all the information required by the GIPS standards... ' Click to Tweet

Full Definition

This term is defined in the GIPS 2020 Exposure Draft as “A presentation for a COMPOSITE that contains all the information REQUIRED by the GIPS standards and may also include RECOMMENDED information or SUPPLEMENTAL INFORMATION.

Key Points about This Term

  1. This term is new in the Global Investment Performance Standards (GIPS) vocabulary.
  2. It replaces the term ‘compliant presentation’ for Firms in the GIPS vocabulary with respect to Composite performance presentations.
  3. Fun Fact – It appears eighty-eight (88) times in the Exposure Draft, including its appearance in the glossary of terms.
  4. Possible Evolution under new Standards – Here to stay as part of the new Standards.