PET - Plain English Taxonomy

Label: Financial Risk Hedging Percent
TREF ID: DE13147
Data Type: xbrli:pureItemType
Period Type: instant
Business Description & 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. 

Usage
Form Labels
Label:
Guidance:
Hedging ratio
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.
Label:
Guidance:
Curreny hedging ratio
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.