JCR-VIS rates HBL Money Market Fund at AA+(f).

(ADPnews) - Jul 16, 2010 - Pakistan's JCR-VIS said it assigned a AA+(f) fund stability rating to HBL Money Market Fund (HBL MMF).

The fund has been launched by HBL Asset Management Ltd.

HBL MMF was structured as an open-end money market scheme with the objective to seek high liquidity and competitive return for investors by investing in low risk securities of short duration and low credit risk. The risk profile of the …