According to the Global Investment Performance Standards (), which of the following statements is most accurat.e about composites used for performance presentation of a investment management firm()
A. Composites must include one or more portfolios managed to a similar investment strategy, objective or mandate.
B. Composites must include all discretionary and non-discretionary portfolios managed to a similar investment strategy, objective or mandate.
C. Composites must include all fee-paying and non-fee paying portfolios managed to a similar investment strategy, objective or mandate.
参考答案:A
解析:
组合群(composite)是指具有相似投资策略、目的或要求的投资组合的汇总,选项A是符合定义的,但组合群中仅能包含由投资组合管理人自由决断(discretionary)和真实付费(fee-paying)的投资组合。