Hedged Currency Share Class definition

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 Shareholder of that Share Class.
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Hedged Currency Share Class means a Currency Share Class whose denominatedcurrency is hedged against the Base Currency of the relevant Fund;
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Hedged Currency Share Class means a class in respect of which a Fund will conduct
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Examples of Hedged Currency Share Class in a sentence

  • 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.

  • 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.

  • 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.

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

  • Notwithstanding any other provision of the Instrument, the costs and gains/losses of any hedging transactions relating to a Hedged Currency Share Class shall accrue solely to the relevant Class.

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

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

  • To the extent that hedging is successful for a particular Hedged Currency Share Class the performance of the Hedged Currency Share Class is likely to move in line with the performance of the underlying assets with the result that Shareholders in that Hedged Currency Share Class will not gain if the Hedged Currency Share Class currency falls against the Base Currency and/or the currency in which the assets of the particular Fund are denominated.

  • Any currency hedging transaction relating to a Hedged Currency Share Class shall be valued in accordance with Clause 14 hereof and shall be clearly allocated to the relevant Hedged Currency Share Class.

Related to Hedged Currency Share Class

  • Approved Currency means Dollars and any Alternative Currency.

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto and all respective Lenders of such Facility with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • Specified Currency means the currency specified as such hereon or, if none is specified, the currency in which the Notes are denominated.

  • Permitted Currency means (1) the legal tender of any Group of 7 country (or any country that becomes a member of the Group of 7 if such Group of 7 expands its membership) or (2) the legal tender of any country which, as of the date of such change, is a member of the Organization for Economic Cooperation and Development and has a local currency long-term debt rating of either AAA or higher assigned to it by Standard & Poor's, a division of The McGraw-Hill Companies, Inc. or any successor to the rating business thereof, Aaa or higher assigned to it by Moody's Investors Service, Inc. or any successor to the rating business thereof or AAA or higher assigned to it by Fitch Ratings or any successor to the rating business thereof;

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Base Currency Amount means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Agent’s Spot Rate of Exchange on the date which is three Business Days before the Utilisation Date or, if later, on the date the Agent receives the Utilisation Request) adjusted to reflect any repayment or prepayment of the Loan.

  • Available Currency means Dollars.

  • Foreign Currency LC Exposure means, at any time, the sum of (a) the Dollar Amount of the aggregate undrawn and unexpired amount of all outstanding Foreign Currency Letters of Credit at such time plus (b) the aggregate principal Dollar Amount of all LC Disbursements in respect of Foreign Currency Letters of Credit that have not yet been reimbursed at such time.

  • LIBOR Quoted Currency means Dollars, Euro, Sterling, Yen and Swiss Franc, in each case as long as there is a published LIBOR rate with respect thereto.

  • Issue Currency or "SEK" means Swedish Krona. "Launch Date" means 04 March 2022.

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

  • Agreed Currency means Dollars or any Alternative Currency, as applicable.

  • Dollar Amount The dollar amount of the suspected error. • Description of problem: If you think there is an error on your bill, describe what you believe is wrong and why you believe it is a mistake. You must contact us: • Within 60 days after the error appeared on your statement. • At least 3 business days before an automated payment is scheduled, if you want to stop payment on the amount you think is wrong. You must notify us of any potential errors in writing. You may call us, but if you do we are not required to investigate any potential errors and you may have to pay the amount in question.

  • Foreign Currency Loan means each Revolving Loan denominated in a Designated Foreign Currency and bearing interest at a rate based upon the Adjusted Foreign Currency Rate.