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Amundi Money Market Fund ? Short Term (EUR) Assigned 'AAAm' Principal Stability Fund Rating
Standard & Poors, Nov 2010
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) Nov. 23, 2010--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 (EUR), a Luxembourg-based euro-denominated money market fund 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 (EUR) is a euro-denominated open-ended mutual fund, constituted as a SICAV (Soci-t- d'Investissement - Capital Variable) under the law of the Grand Duchy of Luxembourg and in compliance with EU regulations governing UCITS (Undertakings in...
Companies mentioned in this report are: Credit Agricole S.A.,Societe Generale,CACEIS
Action: New Rating
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