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

Rating Category: Funds

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

Rating Release

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

The rating expires on 2 April 2024.

Agusto & Co. affirms the ‘A+(f)’ rating assigned to ValuAlliance Money Market Fund (‘the Fund’ or ‘ValuAlliance MMF’). The rating is upheld by the Fund’s strong adherence to regulatory limits and internal guidelines as well as ValuAlliance MMF’s low exposure to credit, interest rate and liquidity risks. The rating is, however, constrained by concentration in the unitholding base and inadequate segregation of duties, with the Managing Director doubling as the Chief Investment Officer.

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.
Send via WhatsApp

Finance & Leasing

COMPANY RATING EXPIRY OUTLOOK COUNTRY
Credit Direct Limited Bbb Jun 30 , 2024 Stable Nigeria
Fast Credit Limited Bbb Jun 30 , 2024 Stable Nigeria
Citihomes Finance Company Limited SR3 Nov 24 , 2023 Stable Nigeria

Corporates

COMPANY RATING EXPIRY OUTLOOK COUNTRY
Lagos State Government Aa- Sep 30 , 2023 Stable Nigeria