'AAAm' Money Market Fund Indicators - S&P Global

The first half of 2021 for rated U.S. MMFs was characterized by sustained asset growth with assets increasing 11% since January. During the second quarter, government funds reached peak levels and were just $11 billion short of hitting the $3 trillion mark. This asset level is at least $100 billion higher compared with … See more

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'AAAm' Money Market Fund Indicators - S&P Global

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Guide To Money Market Funds - GSAM

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This has been supported by a stable net asset value (NAV) of $1 per share which continued to ensure a high degree of diligence and discipline within the money market industry. Outlined in …

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FAQs about 'AAAm' Money Market Fund Indicators - S&P Global Coupon?

What is a AAAM money market fund (MMF)?

Sign in The S&P Global Ratings' 'AAAm' money market fund (MMF) indicators are metrics of U.S. domestic managed funds that seek to maintain principal value and limit exposure to principal losses due to credit risk, as defined in our principal stability fund ratings (PSFR) criteria. ...

What is a aa fund?

1 Applied to sovereign securities issued in the fund’s base currency rated in the ‘AA’ category or higher (or equivalent) and benefiting from strong market liquidity. 100% in F1 (or equivalent) or higher, plus matrix-based approach using asset maturity and credit quality. ...

Do immfa money market funds have a Triple-A rating?

All IMMFA money market funds have obtained a triple-A money market fund rating from at least one of the following credit rating agencies: Fitch Ratings, Moody’s Investors Service and Standard & Poor’s. Although all three credit rating agencies award triple-A ratings, the criteria which they use to assess a money market fund may vary. ...

What is moody's Investor Services AAA-MF rating?

Moody’s Investors Service Aaa-mf rating: “Very strong ability to meet the dual objectives of providing liquidity and preserving capital..” (For further information on the rating criteria of Moody's Investor Services, please follow this link.) ...

How long can a fund stay rated AAmF?

The following criteria specifically apply to funds rated AAAmmf (Fitch Ratings), Aaa-mf (Moody’s Investors Service) and AAAm (Standard & Poor’s). Floating rate securities issued by highly rated sovereign, supranational or government agency benefiting from strong market liquidity1: 2 years. No formal limit; scorecard-based approach. ...

What is the institutional money market funds Association (immfa)?

The Institutional Money Market Funds Association (IMMFA) is the trade association representing the European triple-A rated money market funds industry. The website educates investors on European money market funds and delivers timely data on members' funds. ...