Rating Release
Agusto & Co. hereby affirms the ‘A+(f)’ rating assigned to Vetiva Money Market Fund (‘Vetiva MMF’ or ‘the Fund’).
The rating expires on 4 December 2024.
Agusto & Co. hereby affirms the ‘A+(f)’ rating assigned to Vetiva Money Market Fund (‘Vetiva MMF’ or ‘the Fund’). The rating is upheld by the Fund’s consistently low exposure to credit, liquidity and interest rate risks. The rating also reflects the satisfactory internal credit evaluation of counterparties and the consistent adherence to regulatory and internal guidelines. The rating is, however, constrained by concentration in the unitholding base and the limited functionality of the current portfolio management software.