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Agusto & Co affirms the ‘A(f)’ rating assigned to Chapel Hill Denham Money Market Fund

Rating Release

Agusto & Co affirms the ‘A(f)’ rating assigned to Chapel Hill Denham Money Market Fund.

The rating expires on 2 April 2021.

Agusto & Co affirms the A(f) rating assigned to Chapel Hill Denham Money Market Fund. The rating is supported by the Fund’s low exposure to liquidity risk, experienced portfolio management team and moderate exposure to credit risk. However, we note that the Fund breached the 90-day regulatory WAM limit on three occasions in the review period.

This Rating Release is transmitted to you for the sole purpose of dissemination through your newspaper / magazine / agency. The rating release may be used by you in full or in part without changing the meaning or context thereof but with due credit to Agusto & Co.