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saimeiei · 2020年08月07日

问一道题:NO.PZ2016031101000014

问题如下:

Ord Capital Management, an investment management firm that claims to comply with the GIPS standards, manages a global equity portfolio for a pension plan sponsored by Chimie bio-industrielle. On 15 April, the plan sponsor notifies Ord that the firm will be terminated as of the end of the month and instructs the manager to stop trading immediately. Ord should include the Chimie portfolio in the historical returns of the composite to which it belongs up to:

选项:

A.

31 March.

B.

15 April.

C.

30 April.

解释:

A is correct.

Provision I.3.A.6 states, "Terminated portfolios must be included in the historical performance of the composite up to the last full measurement period that each portfolio was under management." The last full measurement period that the Chimie bio-industrielle portfolio was under the management of Ord Capital Management was the month of March. (See Section 3.9 of the reading.)

老师,你好。还是不理解这道题禁止和前面一到题说是终止有什么本质区别,都应该是计算到当月底作为历史业绩披露吧,从下个月开始就不包含了。

1 个答案
已采纳答案

韩韩_品职助教 · 2020年08月07日

嗨,爱思考的PZer你好:


同学你好,这道题目说明了4月15号就开始禁止交易了,所以从4月15号之后就不再是under the management。那么对应的last full measurement period就是3月份。


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