Global Investment Performance Standards

Global Investment Performance Standards (GIPS)? - The GIPS is a specific set of ethical expectations that has been outlined and put into practice by a group known as, Charter Financial Analyst or the CFA Institute. They put into place a systematic plan for implementing standards of providing relevant information about how the results of investments are to be calculated. Their system has specific guidelines covering what constitutes complete disclosure and equitable representation in the presentation of performance results. The objective is to protect those seeking to invest in a given fund from not having all the necessary facts to make an informed and accurate choice.