Standard & Poor's assigns two types of ratings to bond funds and other managed pools of fixed income assets with fluctuating net asset values, including cash-enhancement funds, fix-income hedge funds, local government investment pools, and unit investment trusts.
Standard & Poor's has rated government investment pools (GIPs) since 1994. Credit Quality and Volatility ratings are assigned to address a GIPs’ credit quality, liquidity, risk parameters and management.
Standard & Poor's assigns Principal Stability Ratings to money market funds. These ratings address the ability of a money market fund to maintain principal value and limit exposure to loss. Principal Stability Ratings focus on a money market funds.
Standard & Poor’s Fund Services offers a wide range of product solutions for Mutual Fund Sponsors, Investment Advisors, Wealth Managers, and Individual Investors. Standard & Poor’s collects data and information on over 14,000 U.S. mutual funds, and more than 50,000 funds worldwide.
Standard & Poor's assigns credit quality and volatility ratings to bond funds and other managed pools of 'fixed income' assets. The credit quality rating assigned to a fund addresses the level of protection its portfolio holdings provide against losses from credit defaults.