Rating Release
Agusto & Co. hereby affirms the Bbb+(f) rating assigned to Zedcrest Money Market Fund (“Zedcrest MMF” or “the Fund”).
The rating expires on 3 August 2026.
Agusto & Co. hereby affirms the ‘Bbb+(f)’ rating assigned to Zedcrest Money Market Fund (“Zedcrest MMF” or “the Fund). The rating is upheld by Zedcrest MMF’s low exposure to liquidity and interest rate risks, as well as improved compliance with regulatory limits in a period of significant growth. The rating, however, is constrained by the Fund’s exposure to an unrated counterparty during the review period, which accounted for up to 13% of net assets on average.
