Rating Release
Agusto & Co. hereby affirms the A+(f) rating assigned to Chapel Hill Denham Money Market Fund (“CHD MMF” or “the Fund”).
The rating expires on 25 March 2026.
Agusto & Co. hereby affirms the ‘A+(f)’ rating assigned to Chapel Hill Denham Money Market Fund (‘CHD MMF’ or ‘the Fund’). The rating is upheld by the Fund’s continued low exposure to interest rate and liquidity, CHDM’s strong track record in the management of collective investment schemes and a well-established investment process. The rating is, however, constrained by the limited functionality of the current software for pre-trade checks and CHD MMF’s sizeable exposure to securities at the lower end of the acceptable rating scale, which we consider to have moderate credit risk.
