Examples of Reference Currency in a sentence
The Hurdle-Rate-Index-Value described in a) above is composed of the Reference Rate set by the Benchmark Administrator, for the respective Reference Currency of the Share Class as per the table below, and increased by 100 basis points, calculated on a daily, indexed basis).
The share capital of the Fund must at all times be at least equal to the minimum required by the UCI Law, which is currently the equivalent in the Reference Currency of the Fund of 1,250,000 EUR.
Fiduciary and fixed-term deposits shall be valued at their respective nominal value plus accrued interest.The amounts resulting from such valuations shall be converted into the Reference Currency of each Subfund at those rates, which are determined on any Valuation Day at 5 p.m. (Central European Time).
Dividends will be declared in the Reference Currency of each Sub-fund and will be paid in the relevant Share Class currency.
The share capital of the Fund is at all times equal to the Net Asset Value of the Fund, which is the total Net Asset Value of all Sub-funds expressed in the Reference Currency of the Fund.