Unhedged Share Class definition

Unhedged Share Class means any Share Class that does not include “(Hedged)” in its name;
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Unhedged Share Class means, collectively any Class created under the terms of this Supplement for which the Investment Manager has no on-going obligation to hedge foreign exchange risk; "Valuation Day" means
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Examples of Unhedged Share Class in a sentence

  • Performance Fee Yen B Accumulating Unhedged Share Class The Investment Manager will also be entitled to receive a performance fee (the “Performance Fee”) out of the assets of the Fund as set forth below for the Yen B Accumulating Unhedged Share Class (“Yen B Class”).

  • Unhedged Share Class will represent a direct investment into the Portfolio and the currency exposure will only be hedged at the level of the assets of the Portfolio.

  • With respect to each Unhedged Share Class, the High Water Mark is the greater of (i) or (ii) above each as expressed in the Fund Base Currency using the Prevailing Exchange Rate on the relevant date.The High Water Mark will be adjusted for any appropriate dividend paid.A Performance Fee is only ever payable or paid on the increase of the relevant Share classes' Net Asset Value over the relevant High Water Mark.Excess performance is calculated net of all costs before any performance fee accrual.

  • In the case of an Unhedged Share Class, a currency conversion will take place on subscriptions, redemptions, conversions and distributions at prevailing exchange rates.

  • Please refer to paragraphs 2.1 and 8.1 for the Base Currency of each Sub-Fund and the currency of any Hedged or Unhedged Share Class.

  • The Fund will accept subscriptions only in the Base Currency as set out in paragraph 2.1 of this Singapore Prospectus or in the currency of any other Unhedged Share Class or Hedged Share Class.

  • The PHP – Unhedged Share Class A and PHP – Unhedged Share Class I also allow subscriptions in PHP but without any currency hedging between the PHP and the USD, which is the base currency of the Fund.

  • Unhedged Share Class will represent a direct investment into the Portfolio and will only be exposed to hedging undertaken at the level of the assets of F&C Diversified Growth.

  • Participation and redemption shall be paid in Philippine Pesos for the PHP – Hedged Share Class A, PHP – Unhedged Share Class A and PHP-Unhedged Share Class I.

  • Please refer to paragraphs 2.1 for the Base Currency of each Sub-Fund and the currency of any Hedged or Unhedged Share Class in respect of a Sub-Fund.

Related to Unhedged Share Class

  • 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.

  • Pledged Shares has the meaning provided in Section 2 hereof.

  • Class C Shares means shares of the Class C Common Stock.

  • Pledged Stock has the meaning assigned to such term in Section 3.01.

  • Pledged Uncertificated Stock means any Stock or Stock Equivalent of any Person that is not a Pledged Certificated Stock, including all right, title and interest of any Grantor as a limited or general partner in any Partnership or as a member of any LLC and all right, title and interest of any Grantor in, to and under any Partnership Agreement or LLC Agreement to which it is a party.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Pledged Equity Interests means all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests and Pledged Trust Interests.

  • Exchanged Shares has the meaning ascribed thereto in Section 2.1.

  • Pledged Securities means any promissory notes, stock certificates or other securities now or hereafter included in the Pledged Collateral, including all certificates, instruments or other documents representing or evidencing any Pledged Collateral.

  • Pledged Certificated Stock means all certificated securities and any other Stock or Stock Equivalent of any Person evidenced by a certificate, instrument or other similar document (as defined in the UCC), in each case owned by any Grantor, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, including all Stock and Stock Equivalents listed on Schedule 5. Pledged Certificated Stock excludes any Excluded Property and any Cash Equivalents that are not held in Controlled Securities Accounts to the extent permitted by Section 5.10.

  • Pledged Equity Interest means an Equity Interest that is included in the Collateral at such time.

  • Preferred Equity Interests means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.

  • Pledged LLC Interests means all right, title and interest of any Grantor as a member of any LLC and all right, title and interest of any Grantor in, to and under any LLC Agreement to which it is a party.

  • Share Certificates The term Share Certificates shall mean the stock certificates for the Shares of the Fund.

  • Initial Pledged Shares means, collectively, with respect to each Pledgor, the issued and outstanding shares of capital stock of each issuer described in Schedule 11 annexed to the Perfection Certificate together with all rights, privileges, authority and powers of such Pledgor relating to such interests in each such issuer or under any Organizational Document of each such issuer, and the certificates, instruments and agreements representing such shares of capital stock and any and all interest of such Pledgor in the entries on the books of any financial intermediary pertaining to the Initial Pledged Shares.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Pledged Interests shall have the meaning ascribed to such term in Section 4(j).

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Class I Shares means Class I Shares in the Company as set forth in the relevant

  • Pledged Equity has the meaning specified in the Security Agreement.

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

  • Pledged Notes all promissory notes listed on Schedule 2, all Intercompany Notes at any time issued to any Grantor and all other promissory notes issued to or held by any Grantor (other than promissory notes issued in connection with extensions of trade credit by any Grantor in the ordinary course of business).

  • Pledged Treasury Securities has the meaning set forth in Section 2.1(c) of the Pledge Agreement.

  • Preferred Equity Interest means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.

  • Voting Equity Interests means, with respect to any Person, Equity Interests issued by such Person the holders of which are ordinarily, in the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions) of such Person, even though the right so to vote has been suspended by the happening of such a contingency.

  • Pledged Trust Interests means all interests in a Delaware business trust or other trust including, without limitation, all trust interests listed on Schedule 4.4(A) under the heading “Pledged Trust Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such trust interests and any interest of such Grantor on the books and records of such trust or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such trust interests.