Reference Basket definition

Reference Basket means the shares of common stock of leading Canadian, U.S., European and Japanese entities, as described in this Information Statement under “Reference Basket”.

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Reference Basket means the basket comprised of the Claymore 1-5 YR Laddered Government Bond ETF and the Claymore 1-5 YR Laddered Corporate Bond ETF.

Reference Basket means the notional basket of shares used to determine amounts payable under the Notes, as

Examples of Reference Basket in a sentence

The Investment Manager may determine to seek the objective of the Portfolio through direct investment in the securities and instruments, including for the avoidance of doubt, the financial derivative instruments, described in detail in the description of the Reference Basket above where it believes that this is in the best interests of the Portfolio and the Shareholders as a whole.
Reflecting these developments, the average monthly price of the OPEC Reference Basket (which is a notional blend of crudes from around the world), which was U.S.$65.10 in January 2020, fell to U.S.$33.92 in March 2020 and U.S.$17.66 in April 2020.
The Reference Basket is a notional portfolio representative of an actual portfolio of investments which would be made by the Investment Manager in implementing its long/short investment strategy.
The Portfolio will initially seek to achieve its objective principally through entering into one or more total return swaps (the “Swap”) linked to the performance of the Reference Basket.
Since then, the average monthly prices of the OPEC Reference Basket began to recover leading to an average annual OPEC Reference Basket price in 2020 of U.S.$41.47 and most recently in March 2021 of U.S.$61.74, and thereby moving closer to the average annual prices of the OPEC Reference Basket of U.S.$69.78 in 2018 and U.S.$64.04 in 2019.

More Definitions of Reference Basket

Reference Basket means all of the Securities listed and so specified in section 1.9 of this PDS as varied by Macquarie from time to time in accordance with clause 6 of the Terms.

Reference Basket means an equal weighting of the following currency pairs, Euro/Brazilian Real, Euro/Russian Ruble, Euro/Indian Rupee and Euro/Chinese Renminbi.

Reference Basket means the equally-weighted notional portfolio of Securities in which the Note Program has a notional investment;

Reference Basket means, subject to Product Condition 4, the following basket of indices (each an “Index”):

Reference Basket means, on the Closing Date, an equally weighted basket comprised of the Reference Indices (comprised of 50% S&P GSCITM Agriculture Excess Return Index and 50% S&P GSCITM Livestock Excess Return Index).

Reference Basket means the basket of indices specified in the Term Sheet;

Reference Basket means the Basket of Stocks “Participation” means 100%