FOR EACH PERIOD, MUST DISCLOSE THE PERCENTAGE OF THE COMPOSITE COMP...

4. - L3 MOCK SAMPLE EXAM CFA LEVEL III GUIDELINE ANSWERS 2005
L3 MOCK SAMPLE EXAM CFA LEVEL III GUIDELINE ANSWERS 2005

4. For each period, must disclose the percentage of the composite composed of non-fee-

paying portfolios.

OR

Adding the note “This composite includes the assets of a non-fee-paying account

which represents xx% of the composite.”