Fitch Affirms Southchester (RF) Limited at 'AA+(zaf)'/'V2(zaf)'

April 23, 2015 11:05 AM

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(The following statement was released by the rating agency) LONDON/PARIS, April 23 (Fitch) Fitch Ratings has affirmed Southchester (RF) Limited's National Fund Credit Quality Rating at 'AA+(zaf)' and National Fund Volatility Rating at 'V2(zaf)'.

The fund is South-Africa domiciled and managed by Southchester Investment Managers (Proprietary) Limited (Southchester). KEY RATING DRIVERS The affirmation of the National Fund Credit Quality Rating (NFCQR) is driven by the fund's high and stable credit quality, as reflected in the fund's weighted a...

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