We are a local, independent rating agency that provides timely and credible ratings information and research to the broader investment community. As an ASIC-licensed rating agency, we provide general advice by issuing: - credit ratings on debt securities and companies; and - fund ratings on Australian managed funds. We are Australia’s only rating agency that holds a retail Australian Financial Services Licence (AFSL). This allows both retail and wholesale investors to use our credit ratings to help them gauge credit risk and complexity of financial products sold in the Australian market. Since 2010, we have assessed creditworthiness of debt issues, companies and fixed-income managed funds and have conducted customised analytical assessments. In 2014, we began assigning and reviewing ratings and complexity product indicators to ASX-listed debt and hybrid securities. Today, we continue to bring independent, forward-looking opinion that is timely and easily accessible to the investment community. And building on our core analytical capability, we have expanded to include rating funds and investment products to our services range.