Mmf and Performance: Difference between pages

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imported>Doug Williamson
(Update link.)
 
imported>Doug Williamson
(Create the page. Source: ACT Business Law reading 4.1.4 Contract Law and Conflicts of Law p10, dated 01 Oct 2012.)
 
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{{lowercase}}''Credit rating.''   
''Law.''   


Abbreviation for money market fund.
Performance of a contract means that the parties meet their contractual obligations as agreed.
 
A suffix added to a credit rating to indicate that it relates to a money market fund.
 
 
<span style="color:#4B0082">'''''Risk profiles of funds matter'''''</span>
 
:"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.''




== See also ==
== See also ==
* [[AAA]]
* [[Contract]]
* [[Asset manager]]
* [[Frustration]]
* [[CNAV]]
* [[Credit rating]]
* [[Credit risk]]
* [[EMEA]]
* [[Liquidity risk]]
* [[Low-volatility NAV]]
* [[Market risk]]
* [[Money market fund]] (MMF)
* [[VNAV]]
 
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]

Revision as of 10:13, 10 November 2013

Law.

Performance of a contract means that the parties meet their contractual obligations as agreed.


See also