Michigan CLASS is pleased to announce that the Michigan CLASS EDGE portfolio has received a ‘AAAf/S1’ rating from FitchRatings as of December 3, 2021.
The ‘AAAf’ rating is Fitch’s opinion on the overall credit profile within a fixed-income fund/portfolio and indicates the highest underlying credit quality of the pool’s investments. The ‘S1’ volatility rating is Fitch’s opinion on the relative sensitivity of a portfolio’s total return and/or net asset value to assumed changes in credit spreads and interest rates. The ‘S1’ volatility rating indicates that the fund possesses a low sensitivity to market risks. For more information on this rating decision, click here to read the full press release from FitchRatings.
Should you have any questions or if you would like to learn more about Michigan CLASS EDGE, please click here.