Base Currency definition

Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

Base Currency means the currency of account of a Fund as specified in the relevant Supplement relating to that Fund.

Base Currency means EUR.

Examples of Base Currency in a sentence

• The derivatives used may also hedge the US Dollar, however, the Management Company will attempt to hedge, in all cases where hedging is desirable, to the Base Currency if cost-effective and practical.

• Shares issued in a Fund or Class will be in registered form and denominated in the Base Currency specified in the relevant Supplement for the relevant Fund or a currency attributable to the particular Class.

• In such circumstances, the value of the Share expressed in the Class currency will be subject to exchange rate risk in relation to the Base Currency.

• In such circumstances, the value of the Share expressed in the Class currency will be subject to exchange rate risk in relation to the Base Currency and/or in relation to the designated currencies of the underlying assets.

• Where a Class of Shares is denominated in a currency other than the Base Currency of a Fund, that Class may be hedged or unhedged as disclosed in the relevant Supplement for the relevant Class.

More Definitions of Base Currency

Base Currency means the currency specified as such in Paragraph 11(a)(i).

Base Currency as to a Party, means the Currency agreed to as such in relation to it in Part VII of the Schedule.

Base Currency means US Dollars.

Base Currency in relation to a Sub-Fund, means the currency of account of the Sub-

Base Currency means the base currency of a Fund as specified in the relevant Supplement;

Base Currency means JPY (and any successor currency).

Base Currency has the meaning specified in Section 1.14.