Investment Currency definition

Investment Currency means, in respect of a Currency Linked Investment, the original currency that you place as a Currency Linked Investment (as specified in the relevant Order Form and Confirmation);

Investment Currency means, in respect of a CLI, the original currency that the Customer places as specified in the relevant Order Form and Confirmation.

Investment Currency means, in relation to each specific QDII Product, the foreign currency which the relevant Offshore Product will be denominated in, as specified in the applicable Term Sheet;

Examples of Investment Currency in a sentence

• In the event the Investment Amount is converted to the Alternate Currency Amount equivalent (including accrued interest), it may be significantly less than the original Investment Amount plus interest when converted back into the Investment Currency.

• An investor may potentially earn a higher yield with a possibility of converting the original Investment Amount in the Investment Currency to the Alternate Currency at a predetermined exchange rate (also known as the “strike level”).

• The investor pays the Investment Amount in the Investment Currency on the Investment Start Date, and will receive the Repayment Amount in either the Investment or Alternate Currency or a combination of both on the Investment End Date, depending on the market spot rate of the Currency Pair at that time.

• One currency will be designated as the Base Currency, which is the Investment Currency, and the other, the Alternate Currency.

• Hedged Classes of Shares are Classes of Shares to which a hedging strategy aiming at mitigating currency risk against the Reference Currency or Main Investment Currency of the Sub-Fund is applied in accordance with the ESMA Opinion 34-43-296.

More Definitions of Investment Currency

Investment Currency means the currency in which the Investment is placed with the Bank which shall be an Eligible Currency (definition see below);`

Investment Currency means, in relation to each Dual Currency Investment, the Currency in which the investment funds are denominated when received by the Bank, as set out in the relevant Transaction Confirmation;

Investment Currency means, in relation to each Precious Metal Linked Investment, the Currency in which the Underlying Precious Metal are denominated when received by the Bank, as set out in the relevant Transaction Confirmation.;

Investment Currency means the currency specified in the relevant Confirmation;

Investment Currency means the currency in which the Investment is placed with the Bank as specified in the Confirmation which shall be an Eligible Currency other than the Linked Currency (if applicable);

Investment Currency in relation to the Investment, means the currency in which the Investment is made as specified in the Wakala Deposit Form;

Investment Currency means the currency deposited by the Customer, received by the Bank and specified in the Confirmation Letter.