A video to help explain the difference: composite creation vs. composite inception date
With the introduction of the 2020 version of the GIPS(R) Standards, a new requirement is surfacing: for firms to report the composite’s inception date. This is defined in the Standards’ glossary as “The initial date of the composite’s track record.” I may be mistaken, but I suspect many will still be confused. Thus, this video, which I hope provides some clarification.