Mmf: Difference between revisions
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imported>Doug Williamson (Create page. Source: The Treasurer, August 2018, p30 & Reuters https://www.reuters.com/article/fitch-rates-state-street-us-treasury-liq-idUSL3N1J94C3) |
imported>Doug Williamson (Add link.) |
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== See also == | == See also == | ||
* [[AAA]] | * [[AAA]] | ||
* [[Asset manager]] | |||
* [[CNAV]] | * [[CNAV]] | ||
* [[Credit rating]] | * [[Credit rating]] | ||
Revision as of 17:56, 13 November 2019
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.
