Bugle Capital Advisors places an advertisement for its Targeted Maturity Composite in major newspapers on 30 April. The advertisement includes the GIPS Advertising Guidelines compliance statement and presents annualized composite and benchmark returns for the 1-year, 3-year, and 5-year periods ended 31 December. Does the advertisement satisfy the requirements of the GIPS Advertising Guidelines?
A Yes.
B No; it omits the period-to-date return.
C No; it omits five years of annual returns.
The answer is B.
Does period to date return mean since inception return or ….from which period? Thank you!
A Yes.
B No; it omits the period-to-date return.
C No; it omits five years of annual returns.
The answer is B.
Does period to date return mean since inception return or ….from which period? Thank you!