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.