PET - Plain English Taxonomy

Attribute:	BSAO24603
Concept:	Financial Risk Hedging Percent
Label:	Curreny hedging ratio
Concept Guidance:	This is the ratio, as at the relevant date, of the level of investments that are protected against adverse changes in the market as a portion of total investments. A hedge is a transaction where the purpose of the transaction is to protect against adverse changes in the market.
Form-Specifc Guidance:	If an RSE licensee implements currency hedging at an investment option level, the same percentage must be reported for all the international asset classes within the option. Likewise, for RSE licensees that implement currency hedging at asset class level, reporting to APRA must reflect currency hedging for that particular asset class.

Dimensions

Dimension	Member	Description
AllocationRangeDimension	(Actual)	This dimension classifies information based on the position within the applicable allocation range. The information reported represents the actual.
AssetClassTypeDimension	(OI12280)	This dimension categorises the reported data according to the underlying asset class.
AssetDomicileTypeDimension	(OI12281)	This dimension categorises information based on the country of asset domicile which is where the asset was issued.
FixedIncomeTypeDimension	(OI12375)	This dimension categorises information based on the type of debt security that provided fixed income.
HedgingTypeDimension	(CurrencyHedge)	This dimension categorises the reported information based on the specific type of hedging applied. Hedging refers to transactions where the purpose is to offset the risk of changes in the fair value of cash flows of another contract. The information reported is currency hedged. This represents where derivative financial instruments are used to reduce the risk of adverse currency movements.
InvestmentChannelDimension	(OI12282)	This dimension categorises the reported data according to the channel or medium through which investments are made.
InvestmentReportingBasisDimension	(LookThrough)	This dimension categorises information reported based on the method which determines the details in which an investment is reported. I.e. Look-through or Non-look-through. This information reported is on a look through basis. This basis requires the reporting party to report information on investments held through external individually managed mandates/portfolios or discretely managed portfolios as if they were managed by itself .
SourceCurrencyDimension	(OI13080)	Information categorised according to the currency transactions were originally denominated in.