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Fitch gives county investment fund highest rating: AAA

 

Last updated 10/16/2019 at 11:47am

This chart provides a look at the San Diego County investment pool's balance since 2009.

SAN DIEGO – San Diego County Treasurer-Tax Collector Dan McAllister announced that Fitch Ratings gave its highest rating to the San Diego County investment pool.

It marks the 20th year in a row the investment pool has received a "AAA" rating. Fitch Ratings indicated the pool has the highest underlying credit quality or lowest vulnerability to default and a very low sensitivity to market risk.

"Our investment pool reached $11.4 billion in public funds last April, thanks to the diligent management by our investment team," McAllister said. "They value three principles: safeguarding the pri...



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