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Basic Question 3 of 3
The GIPS least likely require ______.
B. non-fee-paying portfolios to be excluded in the returns of appropriate composites
C. composites to be defined according to similar investment objectives and/or strategies
A. non-discretionary portfolios to be included in composites
B. non-fee-paying portfolios to be excluded in the returns of appropriate composites
C. composites to be defined according to similar investment objectives and/or strategies
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I used your notes and passed ... highly recommended!

Lauren
Learning Outcome Statements
explain the purpose of composites in performance reporting
CFA® 2025 Level I Curriculum, Volume 6, Module 4.