2021年CFA三级GIPS补充材料（培训）.doc

Appendix A: Sample Compliant Presentations 39 SAMPLE 1 INVESTMENT FIRM BALANCED GROWTH COMPOSITE 1 January 2002 through 31 December 2011 Custom Composite Composite Benchmark Composite Benchmark Number Internal Dispersion (%) Composite Firm Gross Return Net Return Return (%) 3-Yr St Dev 3-Yr St Dev of Assets ($ M) Assets ($ M) Year (%) (%) (%) (%) Portfolios 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 –10.5 16.3 7.5 1.8 11.2 6.1 –21.3 16.5 10.6 2.7 –11.4 15.1 6.4 0.8 10.1 5.0 –22.1 15.3 9.5 –11.8 13.2 8.9 0.3 12.2 7.1 –24.9 14.7 13.0 0.4 31 34 38 45 48 49 44 47 51 54 4.5 2.0 5.7 2.8 3.1 2.8 2.9 3.1 3.5 2.5 165 235 344 445 520 505 475 493 549 575 236 346 529 695 839 1,014 964 983 1,114 1,236 1.7 7.1 7.4 Sample 1 Investment Firm claims compliance with the Global Investment Performance Standards (GIPS?) and has prepared and presented this report in compliance with the GIPS standards. Sample 1 Investment Firm has been independently veri?ed for the periods 1 January 2000 through 31 December 2010. e veri?cation report is available upon request. Veri?cation assesses whether (1) the ?rm has complied with all the composite construction requirements of the GIPS standards on a ?rm-wide basis and (2) the ?rm’s policies and procedures are designed to calculate and present performance in compliance with the GIPS standards. Veri?cation does not ensure the accuracy of any speci?c composite presentation. Notes: 1 2 3 Sample 1 Investment Firm is a balanced portfolio investment manager that invests solely in US-based securities. Sample 1 Investment Firm is de?ned as an independent investment management ?rm that is not a?liated with any parent organization. Policies for valuing portfolios, calculating performance, and preparing compliant presentations are available upon request. e Balanced Growth Composite includes all institutional balanced portfolios that invest in large-cap US equities and investment-grade bonds with the goal of providing long-term capital growth and steady