Duration Hedged Share Class definition
Duration Hedged Share Class means a Share Class of a Portfolio which will seek to predominantly hedge the interest rate risk of the Portfolio as more particularly described in Section 3 “Description of Share Classes” (paragraph 3.22 “Duration Hedged Share Classes”) in the Prospectus (these Share Classes are denoted “Duration-Hedged”); “EEA” means the European Economic Area; “Equity Portfolio” means those Portfolios as are more particularly described in Section 2 “Investment Objectives and Policies” (paragraph 2.1 "Equity Portfolios") in the Prospectus and in one or more Supplements; “ERISA” means the U.S. Employee Retirement Income Security Act of 1974, as amended from time to time; “EU” means the European Union; “FATCA” means the provisions of the United States Hiring Incentives to Restore Employment (HIRE) Act of 18 March 2010 commonly referred to as the Foreign Account Tax Compliance Act (FATCA); “FCA” means the United Kingdom Financial Conduct Authority and any successor bodies; “Fitch” means Fitch Ratings; “Fixed Income Portfolio” means those Portfolios as are more particularly described in Section 2 “Investment Objectives and Policies” (paragraph 2.2 "Fixed Income Portfolios") in the Prospectus and in one or more Supplements; “Flexible Portfolio” means those Portfolios as are more particularly described in Section 2 “Investment Objectives and Policies” (paragraph 2.5 “Flexible Portfolios”) in the Prospectus and in one or more Supplements;