Common use of Currency Risk Clause in Contracts

Currency Risk. Investments denominated in currencies other than the Investment Adviser’s base currency carry the risk of exchange-rate movements. A movement in exchange rates may have a separate effect, unfavourable as well as favourable, on gains and losses in a Portfolio. Hedging techniques may, in certain circumstances, be limited or not be successful.

Appears in 20 contracts

Samples: Sub Advisory Agreement (Morgan Stanley ETF Trust), Sub Advisory Agreement (Morgan Stanley Institutional Fund Inc), Sub Advisory Agreement (Morgan Stanley Institutional Fund Trust)

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Currency Risk. Investments denominated in currencies other than the Investment Adviser’s base currency carry the risk of exchange-rate movements. A movement in exchange rates may have a separate effect, unfavourable as well as favourable, on gains and losses in a PortfolioFund. Hedging techniques may, in certain circumstances, be limited or not be successful.

Appears in 9 contracts

Samples: Sub Advisory Agreement (Morgan Stanley Institutional Fund of Hedge Funds Lp), Sub Advisory Agreement (Morgan Stanley European Equity Fund Inc.), Sub Advisory Agreement (Morgan Stanley European Equity Fund Inc.)

Currency Risk. Investments denominated in currencies other than the Investment Adviser’s base currency carry the risk of exchange-rate movements. A movement in exchange rates may have a separate effect, unfavourable as well as favourable, on gains and losses in a PortfolioFund. Hedging techniques may, in certain circumstances, be limited or not be successful.

Appears in 9 contracts

Samples: Sub Advisory Agreement (Voya INVESTORS TRUST), Sub Advisory Agreement (Voya INVESTORS TRUST), Sub Advisory Agreement (Morgan Stanley International Value Equity Fund)

Currency Risk. Investments denominated in currencies other than the Investment Adviser’s VKAM's base currency carry the risk of exchange-rate movements. A movement in exchange rates may have a separate effect, unfavourable as well as favourable, on gains and losses in a Portfoliothe Fund. Hedging techniques may, in certain circumstances, be limited or not be successful.

Appears in 8 contracts

Samples: Agreement (Van Kampen Equity Trust), Agreement (Van Kampen Trust II), Agreement (Van Kampen Corporate Bond Fund)

Currency Risk. Investments denominated in currencies other than the Investment AdviserManager’s base currency carry the risk of exchange-rate movements. A movement in exchange rates may have a separate effect, unfavourable as well as favourable, on gains and losses in a Portfoliothe Fund. Hedging techniques may, in certain circumstances, be limited or not be successful.

Appears in 6 contracts

Samples: Sub Advisory Agreement (Morgan Stanley Series Funds), Sub Advisory Agreement (Morgan Stanley Select Dimensions Investment Series), Sub Advisory Agreement (Morgan Stanley Health Sciences Trust)

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Currency Risk. Investments denominated in currencies other than the Investment Adviser’s base currency carry the risk of exchange-rate movements. A movement in exchange rates may have a separate effect, unfavourable as well as favourable, on gains and losses in a Portfoliothe Fund. Hedging techniques may, in certain circumstances, be limited or not be successful.

Appears in 3 contracts

Samples: Sub Advisory Agreement (Morgan Stanley Series Funds), Sub Advisory Agreement (Morgan Stanley Series Funds), Sub Advisory Agreement (Morgan Stanley Series Funds)

Currency Risk. Investments denominated in currencies other than the Investment Adviser’s Manager's base currency carry the risk of exchange-rate movements. A movement in exchange rates may have a separate effect, unfavourable as well as favourable, on gains and losses in a Portfoliothe Fund. Hedging techniques may, in certain circumstances, be limited or not be successful.

Appears in 3 contracts

Samples: Sub Advisory Agreement (Morgan Stanley Global Infrastructure Fund), Sub Advisory Agreement (Morgan Stanley Series Funds), Sub Advisory Agreement (Morgan Stanley Series Funds)

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