Ping An Money Market Fund's 'AAAmf' Rating Affirmed by Lianhe Global

The credit quality of the Fund's underlying investments met Lianhe Global's criteria for 'AAAmf' rated MMFs, with asset-weighted average credit quality equivalent to a high-investment-grade international rating ('BBB+' or above), throughout the review period since January 2025. Concentration risk was also well managed; large exposures were only limited to strong credit quality assets. In addition, the Fund had a strong liquidity profile, supported by sufficient daily and weekly liquidity to meet investors' ...