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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


  April 2015 IMET Performance Annualized
IMET 1-3 Year Fund
One Month
3 Months
One Year
3 Years
5 Years
Since Inception
Net of Fees
0.03%
0.04%
0.61%
0.37%
0.59%
3.53%
Gross of Fees
0.05%
0.10%
0.85%
0.62%
0.85%
3.84%

April 2015 IMET Convenience Fund Performance
IMET Convenience Fund - Past 12 Months
0.32%
Convenience Fund - Avg. Daily Yield for Month
0.25%

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
0.25%
as of May. 21st, 2015
$19.207
as of May. 21st, 2015

NAV at Apr. 30th, 2015
was $19.201
Current Fed Funds Rate
0.00% - 0.25%


Eileen Santschi (Trustee) is the Accounting Manager for South Suburban Mayors and Managers Association, having served in the position since 1991. As part of her duties she serves as the Program Administrator for the SSMMA Bond Bank, a $50M bond pool used to make loans to member municipalities for financing of infrastructure improvements, purchase of equipment and most recently, issuance of tax anticipation warrants.  Additionally, she provides accounting support services to two SSMMA affiliated organizations, Diversity, Inc. and Chicago Southland Economic Development Corporation.  Prior to her tenure at SSMMA, Eileen worked as a staff accountant for a mechanical contracting firm, a Chicago area hospital and a surplus lines insurance brokerage.  She earned a Bachelors of Business Administration in Accounting from St. Mary's College, Notre Dame, IN. 


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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) 
 
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
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