Lahore: The ABL Money Market Fund, an investment option prioritizing capital preservation and liquidity, has had its stability rating maintained by The Pakistan Credit Rating Agency Limited (PACRA). This affirmation reflects the fund's steadfast strategy of investing in high-quality short-term instruments.

The fund's asset allocation, as of December 2024, underscores its conservative approach. A significant portion, 60.89%, is invested in Treasury Bills, ensuring sovereign-backed security and short-term stability. Additionally, 23.88% of the fund is placed in bank placements with reputable financial institutions, which further supports liquidity and capital protection.

Moreover, 14.86% of the portfolio is allocated to Pakistan Investment Bonds, aiding in diversification while retaining government credit assurance. The remaining 0.37% is strategically invested in other permissible instruments, showcasing the fund's careful portfolio construction.

The fund's high credit quality is evident, with 99.62% of its holdings in AAA-rated instruments and government securities, minimizing credit risk exposure. A marginal 0.38% is allocated to other rated avenues, selected under stringent risk parameters to preserve credit integrity.

With a weighted average maturity of 72 days, the fund manages risk effectively by limiting exposure to interest rate fluctuations while maintaining optimal liquidity. However, any significant changes in investment policy or compliance with rating criteria could impact future ratings.