Melbourne - 15 June 2018 - Australia Ratings has withdrawn its ‘COMPETENT’ investment rating to the Cyan C3G Fund. A COMPETENT investment rating indicates that the fund may deliver a return in line with the fund’s relevant benchmark; based on an investment rating scale used by Australia Ratings to indicate how well we believe a fund will perform against a range of risks.
Australia Ratings has also withdrawn its Product Complexity Indicator of ‘BLUE’ classifying the fund as a relatively simple financial product.
Cyan 3G Fund is managed by Cyan Investment Management and was established in July 2014.
FOR MORE INFORMATION CONTACT:
Chris Dalton, Managing Director
firstname.lastname@example.org 03 8080 6684
Daniel Liptak, Director
email@example.com 03 8080 6684
ABOUT AUSTRALIA RATINGS
Australia Ratings is a local, independent rating agency that provides timely and credible ratings information and research to the broader investment community.As an ASIC-licensed rating agency, we provide general advice by issuing credit ratings on debt securities and companies; and fund ratings on Australian managed funds.We are Australia’s only agency that holds a retail Australian Financial Services Licence (AFSL). This enables both retail and wholesale investors to use our credit ratings to help them gauge credit risk and complexity of financial products sold in the Australian market.
Rating opinions of Australia Ratings are determined by its analytical team in accordance with its rating methodology. The Board of Australia Ratings whose members include Jarrod Brown, Chris Dalton and Mike Dontschuk oversee the application of Australia ratings rating methodology and the integrity of the rating process.