Stanbic IBTC Money Market Fund gets Aa(f) rating for fourth consecutive year

In recognition of its steady performance and prudent manage- ment, Stanbic IBTC Money Market Fund, one of the six mutual funds managed by Stanbic IBTC Asset Management Lim- ited and regulated by the Securities and Exchange Commission (SEC) has been assigned a fund rating Aa(f) for the fourth consec- utive year.

The evaluation by fore- most Nigerian credit rating agency, Agusto & Co., is based on the quality of the prudent investment guide- lines and risk management approach adopted in the management of the Stan- bic IBTC Money Market Fund with respect to inter- est rates and credit risks.

This is the highest rating so far conferred on a mutual fund managed in Nigeria by Agusto & Co.