Rating Release

Agusto & Co. hereby affirms the A+(f) rating assigned to ValuAlliance Money Market Fund (“ValuAlliance MMF” or “the Fund”).

The rating expires on 22 May 2025.

Agusto & Co. affirms the ‘A+(f)’ rating assigned to ValuAlliance Money Market Fund (‘the Fund’ or ‘ValuAlliance MMF’). The rating is upheld by the Fund’s continued low exposure to credit, interest rate and liquidity risks. In addition, we recognise the Fund Manager’s over 10-year operational track in the domestic asset management industry. The rating is, however, constrained by the breaches of the statutory limit for government securities. We have also taken into consideration, the limited functionality of the current software for pre-trade checks and concentration in the unitholding base