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Financial glossary


Rating agencies

Rating agencies are entities assessing the credit quality of issuers and securities and assigning ratings accordingly. The three main rating agencies are Moody’s, Standard & Poor’s and Fitch. Credit ratings measure the debtor’s probability of default. Analysis is based on qualitative and quantitative information.

Investments in the aforementioned fund are subject to market fluctuation and risks inherent in investing in securities. The value of investments and the revenue they generate can increase or decrease and it is possible that investors will not recover their initial investment. Source: BNP Paribas Asset Management Holding.