With respect to historical performance records, GIPS requires firms to initially present a minimum of five years of annual GIPS-compliant investment performance. If the firm or composite is in existence for less than five years, the firm must present performance since the inception or the composite inception date. Since the firm is in existence for ten years, it is required to present GIPS-compliant investment performance for a minimum of five years.
Once the firm has presented five years of GIPS-compliant data, it is required to present an additional year of performance each year, going forward, building up to a minimum of 10 years of GIPS-compliant performance.
GIPS do not specify maximum periods for presenting GIPS-compliant performance.