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CFA lv 1 mock Exams
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April 2024
2023/2024
A+
CFA lv 1 mock Exams
Jack Fahey, CFA, is a portfolio manager of Pacific Sunrise Investments, which does not claim compliance with the Global Investment Performance Standards (GIPS). When presenting the historical performance of his small-cap growth composite, Fahey notes that only fee-paying accounts are included, but he does not mention that both discretionary and non-discretionary accounts are included. Has Fahey most likely violated the Standards?
Yes, with respect to performance presentat...
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