Ethical and Professional Standards Q168

168GP Asset Management Company is defined as a firm according to GIPS standards. The firm’s inception date is 1 January 2013, and it has been in existence for less than five years. After it builds up GIPS-compliant performance for five years until 31 December 2017, is the firm required to add additional years of GIPS-complaint performance?

Option : C
Explanation : Refer Historical Performance Record section of the GIPS Standards

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