GCR places Sasfin BCI Optimal Income Fund’s rating ‘Under Review’.
Johannesburg, 30 April 2019 – Global Credit Ratings (“GCR”) has placed the national scale fund rating assigned to Sasfin BCI Optimal Income Fund of AA-(ZA)(f) ‘Under Review’. The ‘Under Review’ process allows for a time extension of the fund rating review and is not linked to the performance of the fund. GCR expects to publicly release the updated fund rating result by 31 May 2019. The existing fund rating continues to be supported by GCR until the review process is completed.
NATIONAL SCALE RATINGS HISTORY
Initial rating (April 2017)
Last rating (April 2018)
Fund rating: AA-(ZA)(f)
Fund rating: AA-(ZA)(f)
Sector Head: Financial Institution Ratings
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