Examples of Individual Securities in a sentence
For One Times Short Commodity Securities, LFi = -1, for Three Times Short Individual Securities, LFi = -3, for Two Times Leveraged Commodity Securities, LFi = +2 and for Three Times Leveraged Individual Securities, LFi = +3i;Ii,t is the level of the Commodity Index which the relevant class of Short and Leveraged Commodity Security references on the day on which the Price is being calculated.
One Times Short Commodity Securities and Three Times Short Individual Securities are designed to provide investors with an exposure of -1 or -3 times, respectively, to the daily percentage change in the relevant underlying index.
Two Times Leveraged Commodity Securities and Three Times Leveraged Individual Securities are designed to provide investors with an exposure of 2 and 3 times, respectively, to the daily percentage change in the relevant underlying index.
The Leverage Factor applicable to each class of One Times Short Commodity Securities is therefore -1 and for each classof Three Times Short Individual Securities is therefore -3.
For Three Times Leveraged Individual Securities, LFi is +3; For Three Times Short Individual Securities, LFi is -3; For Second Month Securities which are Leveraged Individual Securities, LFi is +2; For Second MonthSecurities which are Short Individual Securities, LFi is -1.Ci is the Restrike Cost applicable to class i, expressed as a decimal.