Rating Release

Agusto & Co. hereby upgrades the rating assigned to Anchoria Money Market Fund (‘Anchoria MMF’ or ‘the Fund’) to Bbb+(f).

The rating expires on 24 November 2025.

Agusto & Co. hereby upgrades the rating of Anchoria Money Market Fund (‘Anchoria MMF’ or ‘the Fund’) to Bbb+(f). The rating upgrade reflects the significant improvements in the Fund’s overall asset allocation, adherence to regulatory and internal guidelines and stability in the portfolio management team. In addition, the rating reflects Anchoria MMF’s low exposure to credit, liquidity and interest rate risks. However, the rating is constrained by significant unitholder concentration. We have also taken into consideration the impact of the macroeconomic environment in driving business growth.