Rating Release
Agusto & Co. hereby affirms the A-(f) rating assigned to Cordros Money Market Fund (‘Cordros MMF’ or ‘the Fund’).
The rating expires on 2 April 2026.
Agusto & Co. hereby affirms the ‘A-(f)’ rating assigned to Cordros Money Market Fund (‘Cordros MMF’ or ‘the Fund’). The rating reflects Cordros MMF’s low exposure to liquidity and interest rate risks as well as the Manager’s good track record in the management of collective investment schemes. However, the rating is impaired by the Fund’s consistent and sizeable exposure to securities at the lower end of the acceptable rating scale, which we consider to have moderate exposure to credit risk.
