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Sisse Brimberg, CFA, is responsible for performance presentations at her investment firm. The presentation that Sisse uses states that when making performance presentations her firm:
Based only on this information, which of the following is the most appropriate recommendation to help Brimberg meet the CFA Institute Standards of Professional Conduct in her performance presentations? She should present performance based on:
A
a gross of fee basis.
B
actual not simulated results.
C
a weighted composite for all similar discretionary portfolios.