'GIPS COMPOSITE REPORT - A presentation for a Composite that contains all the information required by the GIPS standards... '
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
- This term is new in the Global Investment Performance Standards (GIPS) vocabulary.
- It replaces the term ‘compliant presentation’ for Firms in the GIPS vocabulary with respect to Composite performance presentations.
- Fun Fact – It appears eighty-eight (88) times in the Exposure Draft, including its appearance in the glossary of terms.
- Possible Evolution under new Standards – Here to stay as part of the new Standards.