Fitch Affirms and Withdraws KFCASH’s National Money Market Fund Rating

Monday 13 June 2016 17:21

Fitch Ratings (Thailand) has affirmed and withdrawn the 'AAAmmf(tha)' National Money Market Fund Rating on Thailand-based Krungsri Cash Management Fund (KFCASH). The money market fund is managed by Krungsri Asset Management Company Limited (KSAM).

KEY RATING DRIVERS

The affirmation reflects the stability of the fund's credit, market, and liquidity risk profile, based on surveillance data provided to the agency covering the period up to the date of withdrawal.

Fitch has withdrawn the rating for commercial reasons.

RATING SENSITIVITIES

Not applicable as the rating has been withdrawn.

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