logo    Member Account Access   
welcome

The Illinois Metropolitan Investment Fund (IMET) was developed in July 1996 as a cooperative endeavor to assist Illinois municipalities with the investment of their intermediate-term dollars. IMET was established as a not-for-profit investment fund under the Illinois Municipal Code. Currently serving 284 municipalities and public entities, IMET offers two separate investment vehicles, the 1-3 Year Fund and the Convenience Fund, to meet the investment needs of public entities.   The IMET 1-3 Year Fund continues to provide the  highest U.S.Government Securities' rating.    
More about IMET


  February 2015 IMET Performance Annualized
IMET 1-3 Year Fund
One Month
3 Months
One Year
3 Years
5 Years
Since Inception
Net of Fees
-0.15%
0.00%
0.46%
0.34%
0.57%
3.55%
Gross of Fees
-0.12%
0.06%
0.68%
0.58%
0.83%
3.86%

February 2015 IMET Convenience Fund Performance
IMET Convenience Fund - Past 12 Months
0.34%
Convenience Fund - Avg. Daily Yield for Month
0.21%

For prior 1-3 Year Fund daily NAV values and Convenience
Fund rates, please call the Operations Desk
1-888-288-IMET (4638)
Current Convenience Fund Rate 1-3 Year Fund NAV
0.22%
as of Mar. 26th, 2015
$19.173
as of Mar. 26th, 2015

NAV at Feb. 28th, 2015
was $19.166
Current Fed Funds Rate
0.00% - 0.25%


   

"IMET's Convenience Fund has a guaranteed rate of return, while still having the liquidity our agency needs to meet our obligations."

Nick Cinquegrani, Sup't of Finance, Glen Ellyn Park District, Illinois


newsroom
  Interesting Links
  Latest News & Articles
 
info
For easy access to wire instructions for purchases, redemptions or transfers
please call the operations/help desk at 1-888-288-IMET(4638)
IMET Operations Desk
8:00 a.m. - 4:30 p.m. (CST) bus. days.
Telephone: (888) 288-IMET (4638) 
 
New Members
The IMET Board and staff are very pleased to welcome the following new participants:
  • Village of Montgomery
  • Palatine Park District
  • Will County Treasurer
  • Village of LaGrange Park
  • Acorn Public Library District
  • City of Lincoln
Audit Confirmation Request
Please send requests for audit confirmations to:

Ms. Paula Cooper
PMA Financial Network, Inc.
2135 CityGate Lane
7th Floor
Naperville, IL 60563
630-657-6450
or
Fax requests to: 630-718-8701
About Us   :   Membership   :   Services   :   Financials   :   News   :   Help Desk   :   Site Map   :   Disclaimer   :   Contact Us
Web Design by The Z Plane, LLC