Relinquishing the Moody's Fund Rating on Swisscanto funds

Over many years Moody's used to evaluate and rate some of Swisscanto's bond any money market funds. Such a rating appraises both the quality of a funds' holdings as well as the investment process of the manager.

13.11.2009

As a result of the financial crisis, more and more people question the methodology and relevance of these ratings; fund ratings lost most of their appeal for distribution partners and investors alike. Swisscanto therefore decided to terminate its agreement with Moody's for the following funds:

Funds according to Luxemburg law (relinquishment per November 30, 2009):
Fund name	ISIN
Swisscanto (LU) Money Market Fund CHF Swisscanto (LU) Money Market Fund EUR Swisscanto (LU) Money Market Fund USD Swisscanto (LU) Money Market Fund GBP Swisscanto (LU) Money Market Fund AUD Swisscanto (LU) Money Market Fund CAD	LU0141249424 LU0141249770 LU0141250786 LU0141249937 LU0141249184 LU0141249341
Funds according to Swiss law (relinquishment per February 28, 2010):
Fund name	ISIN
Swisscanto (CH) Bond Fund Opportunities (EUR) Swisscanto (CH) Bond Fund Corporate Hedged CHF	CH0018620499 CH0000700903

This decision does not impact Swisscanto's proven and successful investment approach and process. It's the result of a thorough cost-/benefit-analysis.