Examples of Hedged Class in a sentence
In the event that the Management Company decides to make one or more Hedged Classes of any Units available for subscription during the Initial Subscription Period it may stipulate a minimum viable amount for each such Hedged Class which, in the event that the stipulated minimum is not reached or sustained, the Management Company may decide not to launch or to liquidate the relevant Hedged Class.
In the event that the Management Company decides to close the relevant Hedged Class, Unitholders thereof will have the opportunity to request the redemption free of charge at the applicable Net Asset Value per Unit (taking into account actual realisation prices of investments as well as realisation expenses in connection with such closure).
However, other factors may impact the return of the Hedged Class which means that the Hedged Class may not perfectly achieve this aim.
A Hedged Class allows us to use currency hedging transactions to reduce the effect of exchange rate fluctuations between the Portfolio Currency and the Hedged Currency.
The costs and expenses associated with the hedging transactions in respect of a Hedged Class and any benefits of the hedging transactions will accrue to Holders in that Hedged Class only.