Rating Release
Agusto & Co assigns an A(f) rating to Coronation Money Market Fund
The rating expires on 10 August 2021
Agusto & Co assigns an A(f) rating to Coronation Money Market Fund (‘Coronation MMF’ or ‘the Fund’). The rating is upheld by the Fund’s low exposure to liquidity and interest rate risks as well as the low to moderate exposure to credit risk. In addition, the Fund adhered to all regulatory guidelines and with no breaches recorded in the one year to June 2020 – an improvement over the prior period.