Page 23 - FINAL CFA SLIDES JUNE 2019 DAY 1

LOS 5.a: Describe the key features 5. The GIPS Standards

of the GIPS standards and the
fundamentals of compliance.

GIPS Objectives

To obtain global acceptance of calculation and presentation standards in a fair,

comparable format with full disclosure.

To ensure consistent, accurate investment performance data in areas of reporting,
records, marketing, and presentations.

To promote fair competition among investment management firms in all markets

without unnecessary entry barriers for new firms.

To promote global “self regulation.”