​ S and P Rates UMB Scout MMF Prime and Victory Institutional MMF AAAm. Standard & Poor'​s Ratings Services announced that it has awarded its AAAm principal stability fund rating to UMB Scout Money Market Fund Prime (​UMPXX), managed by UMB Bank subsidiary Scout Investment Advisors, and to Victory Institutional Money Market Fund, managed by Key Bank subsidiary Victory Capital Management. A triple-​A rating reflects "the fund'​s extremely strong capacity to maintain principal stability and to limit exposure to principal losses due to credit, market and/​or liquidity risks." Separately, S&​P said it rated the Broward County Investment Portfolio AAAf/​S1+, the first county local government investment pool in Florida to receive this rating. Many institutional investors require independent AAA ratings in their capacity as fiduciaries.

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