Rating Release
Agusto & Co. hereby affirms the A+(f) rating assigned to United Capital Money Market Fund (“UCMMF” or “the Fund”).
The rating expires on 17 August 2026.
Agusto & Co. hereby affirms the ‘A+(f)’ rating assigned to United Capital Money Market Fund (“UCMMF” or “the Fund”). The rating is upheld by the Fund’s low exposure to credit, liquidity and interest rate risks as well as United Capital Asset Management Limited’s (“UCAML” or “the Manager”) strong operational track record in the management of collective investment schemes. The rating, however, is constrained by UCMMF’s increased exposure to the lower end of the acceptable rating scale as well as breaches of the regulatory 25% minimum holding in FGN securities and the 90-day WAM limit on one occasion each.
