Rating Release
Agusto & Co. hereby upgrades the rating assigned to Vetiva Money Market Fund (“Vetiva MMF” or “the Fund”) to Aa-(f).
The rating expires on 27 October 2026.
Agusto & Co. hereby upgrades the rating of Vetiva Money Market Fund (‘Vetiva MMF’ or ‘the Fund’) to ‘Aa-(f)’. The rating upgrade reflects the Fund’s consistently conservative credit risk approach over four consecutive review periods and the improved diversity in Vetiva MMF’s unitholding base. In addition, the rating reflects the Fund’s continued low exposure to credit, interest rate and liquidity risks as well as Vetiva Fund Managers Limited (‘VFML’ or ‘the Manager’) membership of an established financial services group. We have also taken into consideration the impact of the macroeconomic environment in driving business growth and the frequent changes in the composition of the research team.