Antonio Mendoza, CFA, an investment manager operating as AM Investments, solicits new business by making brief presentations at which he makes available a single-page information sheet that summarizes his performance history for the past 10 years. On the sheet, Mendoza ...Read more
Antonio Mendoza, CFA, an investment manager operating as AM Investments, solicits new business by making brief presentations at which he makes available a single-page information sheet that summarizes his performance history for the past 10 years. On the sheet, Mendoza has his phone number for those who would like more information along with the statement, “AM Investments has prepared and presented this report in compliance with the Global Investment Performance Standards (GIPS®).” Does Mendoza’s brief presentation and information sheet violate GIPS? A. No.
B. Yes, because the information sheet is inadequate.
C. Yes, because the statement claims GIPS compliance for a single report.
Answer should be option c?
xoz one cannot write part GIPS compliance.
Read less