Rating Release
Agusto & Co. hereby affirms the A+(f) rating assigned to Coronation Money Market Fund (“Coronation MMF” or “the Fund”).
The rating expires on 20 December 2024.
Agusto & Co. affirms the ‘A+(f)’ rating assigned to Coronation Money Market Fund (‘Coronation MMF’ or ‘the Fund’). The rating reflects the Fund’s continued low exposure to credit, interest rate and liquidity risks, as well as an established investment process which is upheld in part by membership of a reputable financial services group. We have also taken into consideration the weakened macroeconomic environment, characterized by rising inflation and low yields, and the impact of this on portfolio growth and risk management.
