Common use of Foreign Currencies Clause in Contracts

Foreign Currencies. Investments may be made from time to time in assets denominated in currencies other than the base currency of your portfolio. In this case, movements in currency rates of exchange can have an unfavourable as well as favourable effect on the value of your portfolio. You may instruct us to utilise hedging powers in respect of your portfolio for the purpose of mitigating the risk of fluctuations in foreign exchange rates.

Foreign Currencies. Investments may be made from time to time in assets denominated in currencies other than the base currency of your portfolio. In this case, movements in currency rates of exchange can have an unfavourable as well as favourable effect on the value of your portfolio. You We may instruct us to utilise hedging powers in respect of your portfolio for the purpose of mitigating the risk of fluctuations in foreign exchange rates.