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Amundi Money Market Fund ? Short Term (USD) Assigned 'AAAm' Principal Stability Fund Rating
Standard & Poors, April 2011
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
Abstract
PARIS (Standard & Poor's) April 27, 2011--Standard & Poor's Ratings Services said today that it has assigned its highest principal stability fund rating of 'AAAm' to Amundi Money Market Fund - Short Term (USD), a Luxembourg-based U.S. dollar-denominated money market subfund managed by Amundi, the asset management arm of French banks Cr-dit Agricole S.A. (AA-/Negative/A-1+) and Soci-t- G-n-rale (A+/Stable/A-1). The rating is based on Standard & Poor's analysis of the fund's credit quality, liquidity, market price exposure, and management. Amundi Money Market Fund - Short Term (USD) is a U.S. dollar-denominated open-ended mutual fund, constituted as a subfund of a SICAV (Soci-t- d'Investissement - Capital Variable) under the law of the Grand Duchy of Luxembourg and in compliance with EU...
Companies mentioned in this report are: Credit Agricole S.A.
Action: New Rating
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