Rating Release
Agusto & Co. hereby affirms the A+(f) rating assigned to AXA Mansard Money Market Fund
The rating expires on 27 December 2025
Agusto & Co. hereby affirms the ‘A+(f)’ rating assigned to AXA Mansard Money Market Fund (‘AXA Mansard MMF’ or ‘the Fund’). The rating is upheld by the Fund’s low exposure to credit and liquidity risks and the membership of an established financial services group. The rating is, however, constrained by persistent breaches in the regulatory WAM limit. We have also taken into consideration the weakening macroeconomic environment which has the potential to elevate investment and business risks.