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

  • 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.

  • 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”).

  • The aforementioned minimum holding period and early redemption fee shall apply to the following share classes: the USD Share Class A, the PHP-Hedged Share Class A, and the PHP- Unhedged Share Class A.

  • 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.

  • 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.

  • 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.

  • The trust fees shall be uniformly applied to all Participants of the following share classes of the Fund: the USD Share Class A and the PHP- Unhedged Share Class A.

  • 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.

  • An Unhedged Share Class means a Classes of Shares of a Sub-Fund which is designated in a currency other than the Base Currency and are exposed to fluctuations in currency.

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.

  • 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 Pledged Certificated Stock, including all right, title and interest of any Grantor as a limited or general partner in any partnership not constituting Pledged Certificated Stock or as a member of any limited liability company, all right, title and interest of any Grantor in, to and under any Organization Document of any partnership or limited liability company to which it is a party, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, including in each case those interests set forth on Schedule 5, to the extent such interests are not certificated. Pledged Uncertificated 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 Interests means all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests and Pledged Trust Interests.

  • 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.

  • 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.

  • 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.

  • 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);

  • 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).

  • Preferred Equity Interest in any Person, means an Equity Interest of any class or classes (however designated) which is preferred as to the payment of dividends or distributions, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such Person, over Equity Interests of any other class in such Person.

  • Voting Equity Interests means Equity Interests in a corporation or other Person with voting power under ordinary circumstances entitling the holders thereof to elect the Board of Directors or other governing body of such corporation or Person.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.