Rating Release
Agusto & Co. hereby affirms the A+(f) rating assigned to ValuAlliance Money Market Fund (“ValuAlliance MMF” or “the Fund”).
The rating expires on 26 May 2026.
Agusto & Co. affirms the ‘A+(f)’ rating assigned to ValuAlliance Money Market Fund (‘the Fund’ or ‘ValuAlliance MMF’). The rating is upheld by the Fund’s low exposure to credit, liquidity and interest rate risks. Agusto & Co. also positively considers the Manager’s 10-year operational track in the domestic asset management industry and membership of an established financial services group. However, the rating is constrained by ValuAlliance MMF’s increased exposure to securities at the lower end of the acceptable rating scale as well as the Fund’s significant unitholder concentration. We have also taken into consideration the limited use of technology in the subscription and redemption processes which has the potential to elevate operational risk.
