LONDON (Standard & Poor's) Sept. 1, 2008--Standard & Poor's Ratings Services said today that it assigned its highest principal stability fund rating of 'AAAm' to Robeco Euro Cash, a French-domiciled Fonds Commun de Placement (FCP). The rating is based on Standard & Poor's analysis of the fund's credit quality, liquidity, market price exposure, and management. Banque Robeco, fund sponsor of the Robeco Euro Cash, has established the fund to offer institutional and corporate investors a high level of current income and daily liquidity, as is consistent with the preservation of capital. The assigned rating reflects the fund's extremely strong capacity to maintain principal stability and to limit exposure to principal losses due to credit, market, and/or liquidity risks. The fund...
Companies mentioned in this report are:
- Cooperatieve Rabobank U.A.
- BNP Paribas
Action: New Rating
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Research type: News
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