Meeder Government MMF Rated AAA
A press release titled, "Meeder Government Money Market Fund Receives AAAmmf Rating from Fitch Ratings," tells us, "Meeder Investment Management announced ... that the Meeder Government Money Market Fund has received a AAAmmf rating from Fitch Ratings, the highest rating Fitch assigns to money market funds. The rating further strengthens the Fund's position as a cash management solution for public funds, institutions and other investors seeking liquidity, capital preservation and current income." It continues, "The Meeder Government Money Market Fund seeks to provide current income while preserving capital and maintaining liquidity through investments in high-quality, short-term U.S. government securities and fully collateralized repurchase agreements. The Fund operates as a government money market fund under Rule 2a-7 and maintains a stable $1.00 net asset value." Jon Azoff, Senior Vice President at Meeder Public Funds, comments, "Independent validation is important to the public entities and institutional investors we serve. This rating reflects the disciplined investment process, liquidity management and risk oversight that have long been central to the Fund's management." The release adds, "According to Fitch's July 2026 rating report, the AAAmmf rating reflects the agency's review of the Fund's investment guidelines, credit quality, diversification, duration parameters, liquidity profile and the capabilities of Meeder Asset Management as investment adviser. Fitch stated that the rating indicates an 'extremely strong capacity' to pursue the Fund's objectives of preserving capital and providing liquidity while limiting credit, market and liquidity risk."
