Agusto & Co. hereby affirms the Bbb-(f) rating of Anchoria Money Market Fund

Rating Category: Funds

Agusto & Co. hereby affirms the Bbb-(f) rating of Anchoria Money Market Fund

Rating Release

Agusto & Co. hereby affirms the Bbb-(f) rating of Anchoria Money Market Fund

The rating expires on 4 December 2023

Agusto & Co hereby affirms the Bbb-(f) rating assigned to Anchoria Money Market Fund (‘Anchoria MMF’ or ‘the Fund’). The rating is upheld by the Fund’s low exposure to liquidity and interest rate risks. The rating is, however, constrained by Anchoria MMF’s persistent breaches of regulatory and internal limits for counterparty concentration, securities eligibility and weighted average maturity (WAM). We have also considered the impact of the weakening macroeconomic environment, which has the potential to heighten risk exposures.

This Rating Release is transmitted to you for the sole purpose of dissemination through your newspaper / magazine / agency. The rating release may be used by you in full or in part without changing the meaning or context thereof but with due credit to Agusto & Co.
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