单选题

Hui Chen, CFA, develops marking materials for an investment fund he founded three years ago. The materials show the 3-,2-and 1-year returns for the fund. He includes a footnote that sates in small print. “Past performance does not guarantee future returns.” He also includes a separate sheet showing the most recent semiannual and quarterly returns, which have been neither audited nor verified. According to the Standards of Practice Handbook, has Chen violated any Standards of Practice?（）

A、 No.
B、 Yes, because he included un-audited and unverified results.
C、 Yes, because he did not adhere to the global investment performance standards.

【正确答案】 A

【答案解析】

The Standards require that members make reasonable efforts to make sure that performance information is fair, accurate, and complete. They do not require compliance with Global Investment Performance Standards(GIPS), auditing, or verification.