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Ahorromed Fiamm Sep 97
Standard & Poors, Sep 1997
Abstract
Outstanding Rating Bond fund rating AAAf Rating assigned: May 1997 Ahorromed FIAMM is managed by Gestimed (Gestora de Fondos del Mediterr-neo), the Spanish fund management company of Caja de Ahorros del Mediterr-neo (CAM). The rating on the fund indicates that the overall credit quality of investment is an 'AAA' level. Credit quality ratings, identified by the 'f' subscript, are assigned to funds or pools that exhibit variable net asset values. The rating does not comment on the fund's manager ability to meet the stated investment objectives of the fund, nor does it address the market price stability of a fund's assets or the current or liquidation value of fund shares. Standard & Poor's reviews portfolio composition reports for Ahorromed FIAMM...
Companies mentioned in this report are: Caja de Ahorros del Mediterraneo
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: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
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