Sentences with phrase «protected against foreign currency»

Customers are not protected against foreign currency exchange rate fluctuations by FDIC insurance, or any other insurance or guaranty program.

Not exact matches

Chinese companies that borrowed in foreign currency at a record pace in the past three years will buy dollars to protect against losses, he said.

That said, our currency hedged Funds, Global Value Fund and Value Fund, were protected against most of the dilution to return caused by declining foreign currencies.

The Fund may attempt to hedge (protect) against currency risks using forward foreign currency exchange contracts where available and advantageous to the Fund.

To the extent currency exchange transactions do not fully protect a Fund against adverse changes in currency exchange rates, decreases in the value of currencies of the foreign countries in which a Fund will invest relative to the U.S. dollar will result in a corresponding decrease in the U.S. dollar value of a Fund's assets denominated in those currencies (and possibly a corresponding increase in the amount of securities required to be liquidated to meet distribution requirements).

By participating in derivative securities, the Fund may attempt to hedge (protect) against currency risk which is the risk that the value of foreign securities may be affected by changes in currency exchange rates.

During the year, mandates for our UK - based Dynamic Hedging clients performed as expected in terms of allowing clients to benefit from periods of strengthening foreign currencies, whilst being protected against periods of weakening foreign currencies.

Bhattacharya pointed out that Insurance protects the policyholder against mishaps and ailments that can be a huge financial loss when one has to spend in foreign currency.