NO.PZ201604030300004904
问题如下：
4. Are the performance reporting procedures described by the fund’s administrator consistent with the required disclosure standards of the Asset Manager Code?
选项：
A.Yes.
B.No, because the AMC requires firms to report performance to all clients on a monthly basis.
C.No, because the AMC requires firms to provide performance on a monthly basis when requested by clients.
解释：
A is correct.
The performance reporting procedures described by the administrator are consistent with the Asset Manager Code (AMC) which requires disclosing the "performance of clients’ investments on a regular and timely basis." The AMC recommends that "managers should report to clients at least quarterly, and when possible, such reporting should be provided within 30 days after the end of the quarter." The AMC also states that "at a minimum, Managers should provide clients with gross- and net-of¬fees returns." Because quarterly reporting is the recommended minimum, managers may choose to provide more timely performance to clients.
关于客户投资账户业绩表现的披露，AMC规定通常是指少每季度披露一次。即使客户要求每月披露一次，基金经理也可以直接拒绝？准则原文不是说除非客户明确说明了，否则就是指少每季度披露一次么？客户明确要求了月度披露，不提供也不违反准则要求么？
