Wilmington Trust Money Market Fund Gains Top Ratings; Moody's, Standard & Poor's Note Conservative Management, Internal Controls in Awarding Their Highest Designations.WILMINGTON, Del. -- Wilmington Trust Wilmington Trust (NYSE: WL) was founded on July 8, 1903) as a banking, trust, and safe deposit company by DuPont president T. Coleman du Pont. He opened the business in the dining room and parlor of a former private residence at 915 Market Street in Wilmington, Delaware with a announced that two leading rating agencies, Moody's Investor Service and Standard & Poor's Ratings Services, have assigned their top money market fund ratings to WT Investment Trust I Prime Money Market Series, a $2 billion money market mutual fund structured as a master portfolio. Wilmington Prime Money Market Portfolio, a feeder that invests all of its assets in the master portfolio, also won the agencies' highest ratings. In a press release, Moody's said its rating of Aaa reflects "the high quality of the Fund's investments, the conservativism of its management, effective liquidity management, operations along with compliance support." In its own announcement, Standard & Poor's said its rating of AAAm reflects "the high safety level of the invested principal and the Fund's superior capacity to maintain a stable net asset value. This is achieved through conservative investment practices and strict internal controls." "We are pleased that Moody's and Standard & Poor's have recognized our team's efforts," said Eric Cheung, vice president and head of fixed income for Wilmington Trust's Investment Management Group. "Given the ongoing uncertainties of the financial markets, it's important that investors have an excellent money market alternative as a safe haven 1. Designated area(s) to which noncombatants of the United States Government's responsibility and commercial vehicles and materiel may be evacuated during a domestic or other valid emergency. 2. to complement their portfolios." The Fund's investment objective is to provide a high level of current income along with preservation of capital Preservation of Capital An investment strategy whose primary goal is to prevent the loss of an investment's total value. Notes: For investors using the capital preservation strategy to achieve their goal, they must ensure their portfolio is producing a return that is at and liquidity. Rodney Square Management Corp., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Wilmington Trust Corporation, is the Fund's investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and . The Fund emphasizes portfolio diversification Portfolio diversification Investing in different asset classes and in securities of many issuers in an attempt to reduce overall investment risk and to avoid damaging a portfolio's performance by the poor performance of a single security, industry, (or country). and rigorous credit analysis to mitigate investment risk. It is managed to maintain a stable share price of $1.00 per share. Wilmington Trust Corporation (NYSE NYSE See: New York Stock Exchange :WL) is a financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. holding company that provides wealth management and specialized corporate services to clients throughout the United States and in more than 50 other countries, and commercial banking services throughout the Delaware Valley region. Its wholly owned bank subsidiary, Wilmington Trust Company, which celebrated its 100th anniversary in 2003, is the 15th largest personal trust provider in the United States. As of September 30, 2004, assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. totaled $33.3 billion, including investment affiliates Roxbury Capital Management and Cramer Rosenthal McGlynn. Wilmington Trust Corporation and its affiliates have offices in California, Delaware, Florida, Georgia, Maryland, Nevada, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Pennsylvania, the Cayman Islands, the Channel Islands and London, and other affiliates in Dublin and Milan. For more information, visit www.wilmingtontrust.com. You should consider the investment objectives, risks, charges and expenses of The Wilmington Funds carefully before investing. A prospectus with this and other information may be obtained at 1-800-336-9970. The prospectus should be read carefully before investing. An investment in the Fund is neither insured nor guaranteed by the FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). or any other government agency. Although the Fund strives to maintain the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. The Fund is rated AAAm by Standard & Poor's. This rating is based upon the Fund's credit quality, market price exposure, and management. It signifies that the Fund's safety is excellent and that it has a superior capacity to maintain a $1.00 net asset value per share. S&P 500 is a registered service mark of Standard & Poor's, a division of the McGraw-Hill Companies, Inc., which does not sponsor and is in no way affiliated with the Fund. The Moody's Aaa money market fund rating reflects the high quality and conservative maturity profile of the Fund's investments which, in turn, contribute to its liquidity. Professional Funds Distributor, distributor. Not FDIC Insured - No Bank Guarantee - May Lose Value. |
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