#20 GIPS Pooled Fund Report

'GIPS POOLED FUND REPORT - A presentation for a POOLED FUND 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 POOLED FUND 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 comes with the incorporation of Pooled Fund specific requirements for Firms and Asset Owners as one of the two investment vehicles that Firms and Asset Owners can use in executing their mandates and hence ways in which performance information can be presented. The other vehicle is Segregated Account and its associated GIPS Composite Reports.
  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.