Rating Release

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

The rating expires on 20 August 2027.

Agusto & Co. hereby affirms the ‘Bbb+(f)’ rating assigned to Zedcrest Money Market Fund (“Zedcrest MMF” or “the Fund”). The rating is upheld by compliance with all regulatory and internal limits, as well as low exposure to interest rate and liquidity risks. However, the rating remains constrained by Zedcrest MMF’s sizeable exposure to securities at the lower end of the acceptable rating scale, which we consider to have moderate exposure to credit risk. We have also taken into consideration the quality of internal credit assessments conducted on counterparties by Zedcrest Investment Managers Limited (“Zedcrest Wealth” or “the Manager”).