Fund Currency definition

Fund Currency means the currency of the Fund, i.e. United States Dollar.
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Fund Currency means the Manx pound as defined in the Currency Act 1992and sterling;25
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Fund Currency means the Manx pound as defined in the Currency Act 1992 and sterling;
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Examples of Fund Currency in a sentence

  • Core Diversified Growth & Income Portfolio See below See below Core Fundamental Holdings Portfolio See below See below Core Global Diversification Portfolio See below See below Currency Strategies Fund Currency Strategies Trust (JHVIT) 0.950% — first $250 million; 0.900% — next $250 million; and 0.850% — excess over $500 million.

  • Core Diversified Growth & Income Portfolio See below See below Core Fundamental Holdings Portfolio See below See below Core Global Diversification Portfolio See below See below Currency Strategies Fund Currency Strategies Trust (JHT) 0.950% — first $250 million; 0.900% — next $250 million; and 0.850% — excess over $500 million.

  • Such Share Classes that do not hedge their currency exposure to the Fund Currency will bear the suffix "U".

  • The Net Asset Value per Share of the Alternate Currencies Classes of Shares does therefore not necessarily develop in the same way as that of the Shares in the relevant Fund Currency.

  • It should be noted that these hedging transactions may be entered into whether the Reference Currency is declining or increasing in value relative to the relevant Fund Currency and so, where such hedging is undertaken it may substantially protect Investors in the relevant Share Class against a decrease in the value of the Fund Currency relative to the Reference Currency, but it may also preclude Investors from benefiting from an increase in the value of the Fund Currency.

  • Whilst holding hedged Shares may substantially protect the investor against losses due to unfavourable movements in the exchange rates of the Alternate Currencies against the Fund Currency, holding such Shares may also substantially limit the benefits of the investor in case of favourable movements.

  • The hedging will be undertaken to reduce exchange rate fluctuations in case the Fund Currency of the Sub-Fund or other material currencies within the Sub-Fund (such as the Dealing Currency/ies is/are declining or increasing in value relative to the hedged currency.

  • The Fund Currency is the EUR and the Sub-Fund may partly hedge the assets of the Sub-Fund de- nominated in a currency other than the EUR at the discretion of the Management Company.

  • Investors should note that it will not be possible to fully hedge the total Net Asset Value of hedged Alternate Currencies Classes of Shares against currency fluctuations of the Fund Currency, the aim being to implement a currency hedge equivalent to between 95% and 105% of the Net Asset Value of the respective Alternate Currencies Classes of Shares.

  • Absolute Return Currency Fund (formerly Currency Strategies Fund) Currency Strategies Trust (JHVIT) 0.950% — first $250 million; 0.900% — next $250 million; and 0.850% — excess over $500 million.


More Definitions of Fund Currency

Fund Currency means the currency in which the Unit Prices in a Fund are denominated.
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Fund Currency means the currency which is used to value the Scheme Property of a particular Fund and to price and denominate its Shares, which may be different from the Base Currency. The relevant Fund Currency for each Fund is stated in the section with the heading “Investment objective, policy and other details of each Fund” below.
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Related to Fund Currency

  • Second Currency has the meaning specified in Section 14.19.

  • Approved Currency means each of Dollars and each Alternate Currency.

  • Fiat Currency means a currency issued by a country's government or central bank.

  • First Currency has the meaning specified in Section 1.15.

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Permitted Currency means (1) the legal tender of any Group of 7 country (or any country that becomes a member of the Group of 7 if such Group of 7 expands its membership) or (2) the legal tender of any country which, as of the date of such change, is a member of the Organization for Economic Cooperation and Development and has a local currency long-term debt rating of either AAA or higher assigned to it by Standard & Poor's, a division of The McGraw-Hill Companies, Inc. or any successor to the rating business thereof, Aaa or higher assigned to it by Moody's Investors Service, Inc. or any successor to the rating business thereof or AAA or higher assigned to it by Fitch Ratings or any successor to the rating business thereof;

  • Specified Currency means the currency specified as such hereon or, if none is specified, the currency in which the Notes are denominated.

  • Designated Currency shall have the same meaning assigned to it in Section 3.12.

  • Settlement Currency means Pounds sterling ("GBP").

  • Agreed Currency means Dollars or any Alternative Currency, as applicable.

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Payment Currency has the meaning given in Clause 21.4;

  • Denomination Currency has the meaning specified in Section 14(b).

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Domestic Currency means the currency specified as such and any successor currency. If no currency is so specified, the Domestic Currency shall be the lawful currency and any successor currency of (i) the relevant Reference Entity, if the Reference Entity is a Sovereign, or (ii) the jurisdiction in which the relevant Reference Entity is organised, if the Reference Entity is not a Sovereign. In no event shall Domestic Currency include any successor currency if such successor currency is the lawful currency of any of Canada, Japan, Switzerland, the United Kingdom or the United States of America or the euro (or any successor currency to any such currency).

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Other Currency has the meaning specified in Section 1.15.

  • Judgment Currency has the meaning specified in Section 10.19.

  • Termination Currency means United States Dollars.

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • Obligation Currency shall have the meaning assigned to such term in Section 11.18(a).

  • Issue Currency or "SEK" means Swedish Krona. "Launch Date" means 04 March 2022.

  • Committed Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland, lawful currency of The Swiss Federation, lawful currency of Japan, Euro and any other currency requested by the applicable Borrower that can be provided by all Lenders.

  • Currency means any currency or currencies, composite currency or currency unit or currency units, including, without limitation, the Euro, issued by the government of one or more countries or by any recognized confederation or association of such governments.