Currency congruence

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Currency congruence exists when the income of a closed-end fund or assets to cover an insurance contract are in the same currency as the distributions or benefits. This avoids the risk of changing currency rates; there is no currency risk within the investment . In the case of insurance, this is stipulated by an investment regulation from BaFin .

Individual evidence

  1. ↑ Explanation in the introduction by Oliver Beyer, The investment regulations of the VAG ..., p. 26