Examples of Derivative Exposure in a sentence
The plan would limit its exposure, with regards to securities lending, for a single intermediary, to the extent of 5%of the total net assets of the plan at the time of lending.^ For calculation of Gross Derivative Exposure, all types of derivative exposure i.e. long and short position (excluding short positions created for hedging) will be aggregated.
The objective of the Derivative Exposure: The objective to use derivatives is purely to protect the portfolio in case of a severe market correction.
In calculating the Net Derivative Exposure, derivatives that would generate incremental leverage at the portfolio level of the Sub-Fund are converted into their equivalent positions in their underlying assets.
Unless otherwise stated in section 3 of this Offering Document, each Sub-Fund’s Net Derivative Exposure may be up to 50% of the Sub-Fund’s Net Asset Value.
If there are two observations equally distant to the nominal time, the latest one will be used in analyses.