IMET - Illinois Metropolitan Investment Fund

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 270 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 2013 IMET Performance			Annualized
IMET 1-3 Year Fund	One Month	3 Months	One Year	3 Years	5 Years	Since Inception
Net of Fees	0.06%	0.09%	0.23%	0.69%	1.68%	3.91%
Gross of Fees	0.08%	0.15%	0.50%	0.96%	1.96%	4.22%

April 2013 IMET Convenience Fund Performance
IMET Convenience Fund - Past 12 Months	0.32%
Convenience Fund - Avg. Daily Yield for Month	0.33%

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
0.33% as of May. 16th, 2013	$19.028 as of May. 16th, 2013 NAV at Apr. 30th, 2013 was $19.032
Current Fed Funds Rate
0.00% - 0.25%
* The Convenience Fund rate provides a minimum rate of Fed Funds, plus an enhancement that may fluctuate daily

Scott Bordui has been the Finance Director for the Village of Flossmoor, IL since 1996. Prior experience involves both public and private sectors including positions as Assistant Finance Director for the Village of Oak Park, Comptroller for a bank, and Field Examiner (auditor) with the Indiana State Board of Accounts. He also has experience teaching accounting classes at the college level. He has a B.S. in Accounting from Indiana University and is a Certified Public Accountant (CPA). Professional memberships include the American Institute of CPAs, the Illinois CPA Society, the Government Finance Officers Association (GFOA) and the Illinois Government Finance Officers Association (IGFOA). He has been a speaker at the GFOA Annual Conference, at IGFOA seminars and at other local events. He serves as Vice Chairman of the Board for the Illinois Metropolitan Investment Fund (IMET) and as an Executive Board member of IGFOA. Also, he is past Chairman of the Board for IMET, a Past President of the South Metro Chapter of IGFOA, and a current Board member for the Intergovernmental Risk Management Agency.