#21 GIPS Report

'GIPS REPORT - Includes both GIPS Composite Reports and GIPS Pooled Fund Reports. ' Click to Tweet

Full Definition

This term is defined in the GIPS 2020 Exposure Draft as “Includes both GIPS COMPOSITE REPORTS and GIPS POOLED FUND REPORTS.

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’ in the GIPS vocabulary.
  3. It represents the three categories of reports that compliant Firms and Asset Owners can prepare for Prospective Clients and Asset Owners and includes; GIPS Composite Reports and GIPS Pooled Fund Reports for Firms, and GIPS Asset Owner Reports for Asset Owners.
  4. Fun Fact – It appears twenty (24) times in the Exposure Draft, including its appearance in the glossary of terms.
  5. Possible Evolution under new Standards – Here to stay as part of the new Standards.