请问GIPS里面计算return的频率monthly, quarterly什么的怎么归纳呢，谢谢
伯恩_品职助教 · 2023年08月07日
嗨，努力学习的PZer你好：
•Except for private market investment portfolios, portfolios using TWR must be valued monthly, and the TWR must be calculated at least monthly as of the calendar month end or last business day of the month.
•If returns are not calculated daily and the portfolio receives an intra-month large cash flow, the portfolio must be valued and a sub-period return must be calculated at the time of the large cash flow. The sub-period return is then linked with other sub-period returns.
•a large cash flow is defined by the firm.
•Private market investment portfolios must be valued quarterly.
----------------------------------------------加油吧，让我们一起遇见更好的自己！