Currency Share Class definition

Currency Share Class means a Share Class denominated in a currency other than the Base Currency of the relevant Fund;
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Currency Share Class means a Class of shares denominated in a currency other
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Currency Share Class means a Class of Shares denominated in a currency otherthan the Base Currency of the relevant Fund;
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Examples of Currency Share Class in a sentence

  • Currency Share Class means a class of Shares denominated in a currency other than the base currency of the relevant Fund.

  • In the case of an Unhedged Currency Share Class a currency conversion will take place on subscriptions, redemptions, switches and distributions at prevailing exchange rates.

  • Any currency hedging transaction relating to a Hedged Currency Share Class, or any interest rate hedging transaction relating to a Duration Hedged Share Class, shall be valued in accordance with the provisions of Appendix II and shall be clearly attributable to the specific Hedged Currency Share Class or the specific Duration Hedged Share Class, as appropriate.

  • Changes in the exchange rate between the Base Currency and such denominated currency of a Currency Share Class may lead to a depreciation of the value of such Shares as expressed in the denominated currency.

  • Hedged Currency Share Class means a Currency Share Class in respect of which the relevant Fund will conduct currency hedging transactions the benefits and costs of which will accrue solely to Holders of Shares of that class.

  • A Currency Share Class will be denominated in a currency other than the Base Currency of the Fund.

  • Where a Class is denominated in a currency other than the Base Currency, the Directors shall at the time of creation of such Class determine if such Class shall be constituted as a Hedged Currency Share Class or an Unhedged Currency Share Class.

  • Notwithstanding anything contained in this Instrument of Incorporation, the costs and gains/losses of any hedging transactions relating to a Hedged Currency Share Class and/or a Duration Hedged Share Class shall accrue solely to the Shareholders of Shares in such Class and shall not form part of the assets of the Fund or constitute a liability of the relevant Fund.

  • A Currency Share Class will be denominated in a currency other than the Base Currency of the Sub-Fund.

  • A Currency Share Class may be hedged against exchange rate fluctuation risks between the denominated currency of the Currency Share Class and the Base Currency of the Sub-Fund in which that Class of Shares is issued.

Related to Currency Share Class

  • Hedged Share Class or ’Hedged Share Classes’ means (according to the context) a Portfolio Currency Hedged Share Class or a Reference Currency Hedged Share Class.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Common Stock means the Class B common stock, par value $0.01 per share, of the Company.

  • Class A Common Stock means the Class A common stock, par value $0.01 per share, of the Company.

  • Class A Shares means the Class A ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class A Shares, and having the rights provided for in these Articles.

  • principal class of shares means the class or classes of shares representing a majority of the voting power and value of the company;

  • Outstanding Shares means Shares shown in the books of the Trust or its transfer agent as then issued and outstanding, but does not include Shares which have been repurchased or redeemed by the Trust and which are held in the treasury of the Trust.