Fitch maintains Capital Alliance Investment Grade Fund on Rating Watch Negative

Fitch Ratings has maintained Capital Alliance Investment Grade Fund’s National Fund Credit Quality Rating of ‘Af(lka)’ and National Fund Market Risk Sensitivity Rating of ‘S1(lka)’ on Rating Watch Negative (RWN). The RWN reflects continued deterioration in the credit profile of the fund’s investible universe. “We have recently recalibrated the Sri Lankan national rating scale and […]