Mmf: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Update link.) |
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* [[EMEA]] | * [[EMEA]] | ||
* [[Liquidity risk]] | * [[Liquidity risk]] | ||
* [[ | * [[Low-volatility NAV]] | ||
* [[Market risk]] | * [[Market risk]] | ||
* [[Money market fund]] (MMF) | * [[Money market fund]] (MMF) | ||
Latest revision as of 12:24, 16 February 2022
Credit rating.
Abbreviation for money market fund.
A suffix added to a credit rating to indicate that it relates to a money market fund.
Risk profiles of funds matter
- "From a fund-rating perspective, the overall structure is not the key rating driver for Fitch, rather it's the risk profile of the fund that matters.
- Conceptually, we can rate CNAVs, LVNAVs and VNAVs at the AAAmmf rating level.
- The new rules will not change our approach to rating MMFs and therefore should not directly affect ratings unless funds' underlying credit, market or liquidity risks increase."
- Alastair Sewell CFA, EMEA head of fund and asset manager ratings, Fitch Ratings, The Treasurer, August 2018, p31.
