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Agusto & Co assigns an A(f) rating to the Abacus Money Market Fund

Rating Release

Agusto & Co assigns an A(f) rating to the Abacus Money Market Fund.

Rating Expiry: February 2021

The rating assigned to the Abacus Money Market Fund (‘Abacus MMF’ or ‘ the Fund’)reflects the Fund’s low exposure to liquidity and interest rate risk. In the review period (February 2019 – January 2020),   Abacus MMF held a relatively lower 40% of net assets in risk-free government securities, with the portfolio increasingly skewed toward the minimum acceptable rating scale. The rating also reflects the Fund Manager’s well documented investment and risk management guidelines.

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.