Bond Trust Of The World Sep 97
- ID: 1751388
- September 1997
- Region: Global
- Standard & Poors
Outstanding Rating Bond fund rating AA+f Rating assigned: June 1991 Standard & Poor's assigns an 'AA+ f' rating to Bond Trust of the World, a Luxembourg registered multicurrency bond fund. Shares are U.S. dollar denominated. The fund is managed by the SociétéGénérale group (rated 'AA-' long-term, 'A-1+' short-term). The custodian of the fund is SOGENAL Luxembourg, a 93% owned subsidiary of SociétéGénérale. The assets held in the portfolio are of excellent credit quality, with greater than 85% of the securities rated 'AA'. The management, notably internal controls and reporting, are also excellent....
Companies mentioned in this report are:
- Societe Generale
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Research Type: Commentary
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