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Agusto & Co. affirms the ‘A+(f)’ rating assigned to Meristem Money Market Fund

Rating Release

The rating expires on 31 December 2021

Agusto & Co. affirms the ‘A+(f)’ rating assigned to Meristem Money Market Fund

Agusto & Co. affirms the ‘A+’(f) rating assigned to Meristem Money Market Fund (‘Meristem MMF’ or the Fund’). The rating reflects the Fund’s adherence to conservative guidelines over the last 12 months, which translated to low exposure to credit, liquidity and interest rate risks. We have taken into consideration the weakening macroeconomic environment which has the potential to heighten risk exposures and constrain investment performance, particularly with the lack of availability and low yields on money market securities.

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.