Rating Release
Agusto & Co. hereby upgrades the rating assigned to Legacy Money Market Fund (‘Legacy MMF’ or ‘the Fund’) to Aa-(f).
The rating expires on 29 September 2025.
Agusto & Co. hereby upgrades the rating of Legacy Money Market Fund (“Legacy MMF”, or “the Fund”) to Aa-(f). The upgrade reflects the improvements in obligor concentration and the Fund’s continued low exposure to credit, interest rate and liquidity risks. The rating is, however, constrained by the limited functionality of the current portfolio management software in carrying out pre-trade checks.