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Agusto & Co assigns an A(f) rating to Coronation Money Market Fund

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.

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.