Agusto & Co affirms the ‘A-(f)’ rating assigned to United Capital Money Market Fund
The rating expires on 14 April 2021.
Agusto & Co affirms the ‘A-(f)’ rating assigned to United Capital Money Market Fund (‘UCMMF’ or ‘the Fund’). The rating is upheld by UCMMF’s low exposure to credit, liquidity and interest rate risks. However, the rating is constrained by significant concentration in the Fund’s obligor base.
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