ASTRUE Money Market Fund Earns A+ Rating with a Stable Outlook from LRA

Achievement and Recognition

"Lanka Rating Agency Ltd (LRA), Sri Lanka’s independent credit rating authority, has assigned an initial Fund Stability Rating of ‘A+ (f)’ with a Stable Outlook to the Astrue Money Market Fund, managed by Asset Trust Management (Pvt) Ltd.

The ‘A+ (f)’ rating reflects the Fund’s strong capacity to maintain stability in returns, supported by a robust investment framework, high-quality asset allocation, and disciplined fund management practices.

Launched in 2024, the Astrue Money Market Fund is designed to preserve capital, maintain steady Net Asset Value (NAV) growth, and deliver regular income while ensuring high liquidity. The Fund invests primarily in high-quality, short-term money market instruments with maturities not exceeding 397 days.

As of May 2025, over 73% of the Fund’s assets are invested in AAA-rated securities, with a Weighted Average Maturity (WAM) of 293 days and a portfolio duration of 312 days. The Fund maintains a diversified asset mix, comprising Treasury Bills (46.6%), reverse repos backed by government securities (20.16%), placements in Non-Banking Financial Institutions (13.26%), and smaller exposures to Treasury Bonds, Trust Certificates, and Commercial Papers.

“The ‘A+ (f)’ stability rating is a testament to the Astrue Money Market Fund’s strong governance, disciplined investment approach, and high-quality asset composition. This recognition reinforces the Fund’s commitment to prudent risk management and liquidity excellence, while affirming its ability to preserve capital and generate consistent, dependable returns across varying market conditions." says Dr. Kenneth De Zilwa, Chief Executive Officer of Lanka Rating Agency Ltd."

CEO's Comment

We are deeply honoured to receive an A+ Outlook Stable rating from the esteemed Lanka Rating Agency of Sri Lanka. This prestigious recognition underscores the strength, reliability, and performance of the ASTRUE Money Market Fund, a unit trust fund meticulously designed to cater to every type of investor seeking steady wealth growth.

The ASTRUE Money Market Fund stands out as one of the best-performing money market funds currently available in the financial market. Our expert fund managers, supported by our dedicated research and analysis department, are fully equipped to navigate through challenging and adverse market conditions. Their expertise ensures that we consistently deliver holistic and optimal returns to our valued investor pool.

This A+ rating is a testament to our unwavering commitment to excellence and our mission to provide secure, growth-oriented investment opportunities for all. We remain dedicated to upholding the trust placed in us by our investors and will continue to strive for excellence in all that we do.

Ms. Indulekha Karunaratne - CEO, Asset Trust Management (Pvt) Ltd.