Effective Date for Compliance with AIMR-Performance Presentation Standards for Including Accrued Income in Market Value Performance Calculations

AIMR-Performance Presentation Standards Compliance Effective Date

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What is the effective date for compliance with the AIMR-Performance Presentation Standards for including accrued income in market value performance calculations?

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From January 1, 1997, going forward, all of the firm's composites and performance presentations must include accrued income in market value performance calculations. In addition, all of the firm's performance presentations, including presentations of historical performance, must contain a measure of composite dispersion.