Thames River awarded a coveted AAA rating by Standard and Poor's:
Thames River Capital is delighted to report that Thames River High Income Fund has been awarded a coveted AAA rating by Standard and Poor's, their highest possible rating. According to Standard and Poor's Thames River High Income Fund is ranked 1/55 funds in its peer group to 31/5/04, having returned 61.3% compared to 14.2% for the sector median and -7.0% for the JPM EMBI Global hedged into Euros.
Standard and Poor's commented that, 'The support of a high quality team and application of an innovative and effective process have produced a top ranking performance record with low volatility and drawdown over the past three years.'