Hedged Share Class definition

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.

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Hedged Share Class means any Share Class with the term “(Hedged)” in its name, including the Index Hedged Share Classes and the Portfolio Hedged Share Classes;

Hedged Share Class means a Class whose denominated currency is hedged against exchange rate fluctuations as set out in the section entitled Share Class Hedging;

Examples of Hedged Share Class in a sentence

Profit or loss and costs and expenses resulting from this BRL Hedged Share Class hedging strategy will be reflected in the Net Asset Value of the relevant BRL Hedged Share Class.
BRL Hedged Share Classes are intended for Brazilian feeder funds only and aim to provide currency exposure to BRL by converting the Net Asset Value of the BRL Hedged Share Class into BRL using non-deliverable forward currency exchange contracts.
The performance of the BRL Hedged Share Classes is expected to fluctuate in line with the fluctuation of the exchange rate between BRL and the relevant Base Currency, therefore, the performance of such BRL Hedged Share Class may differ significantly from the performance of the other Share Classes of the relevant Portfolio.
The performance of the BRL Hedged Share Classes is expected to f luctuate in line with the f luctuation of the exchange rate between BRL and the relevant Base Currency, therefore, the performance of such BRL Hedged Share Class may differ significantly f ro m the performance of the other Share Classes of the relevant Portfolio.
Any derivative and/or hedging transaction relating to a Derivative Specific Share Class and/or Hedged Share Class shall be valued in accordance with the provisions of the Articles and shall be clearly attributable to the specific Derivative Specific Share Class and/or Hedged Share Class.

More Definitions of Hedged Share Class

Hedged Share Class means any Share Class with the term “(Hedged)” in its name;

Hedged Share Class means, for the purposes of this Fund, any Class which has a Class Currency that is different to the Base Currency of the Fund being the U.S. Dollar;

Hedged Share Class means a Class whose denominated currency is hedged

Hedged Share Class means a Share Class whose dealing currency is hedged

Hedged Share Class means a Class which is not denominated in the Base Currency of a Fund to which a currency hedging strategy is applied.

Hedged Share Class or ‘Hedged Share Classes’ means (according to the context) share class or classes which allow the use of currency hedging transactions to reduce the effect of exchange rate fluctuations between the Reference Currency or Reference Currencies and the Hedged Currency.

Hedged Share Class means a Share Class in respect of which the ICAV may