Standard & Poor’s Fund Services today withdrew its rating on the Dexia Sustainable Global Equity Fund from its International Equities — Large Cap Quantitative peer group at the request of the manager, Ausbil Dexia.
Ausbil Dexia said the fund was still open for investment.
Quantitative models for the fund are being enhanced in a staged process that will be completed in 2010, according to Ausbil Dexia investment specialist Andrew Hay. He added that the fund would be looked at again in 2011.
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