Why below only shows up in advertising guideline instead of the full presentation and reporting session?
Performance presentation:
a. 1-, 3-, and 5-year annualized composite returns through the most recent period.
b. Period-to-date composite performance results in addition to 1-, 3-, and 5-year cumulative annualized composite returns with the end-of-period date clearly identified (or annualized period since composite inception if inception is greater than one and less than five years). Periods of less than one year are not permitted to be annualized. The annualized returns must be calculated through the same period of time as presented in the corresponding compliant presentation.
c. Period-to-date composite returns in addition to five years of annual composite returns calculated through the same period of time as presented in the corresponding compliant presentation.
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GIPS - advertising guideline vs. presentation and reporting
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