Welcome to IMET
Our Story
Created in 1996, under the Intergovernmental Cooperation Act and the Illinois Municipal Code, IMET was formed to provide Illinois government agencies with safe, liquid, attractive alternatives for investing. IMET offers participants two separate vehicles to meet their investment needs.
The IMET Core Fund (fka the 1-3 Year Fund) is designed for public funds that may be invested for longer than one year. The Core Fund carries the highest rating available (AAAf/bf) from Moody's. The IMET Core Fund performance is listed on IMET's home page.
The IMET Convenience Fund (CVF) is designed to accommodate funds requiring high liquidity, including short term cash management programs and temporary investment of bond proceeds. It is comprised of collateralized bank deposits, FDIC inusred certificates of deposit and US government securities. The current Convenience Fund rate is listed on IMET's home page.
IMET Annual Comprehensive Financial Report
Click here to download IMET's Annual Comprehensive Financial Report.
Recent News
In this month's newsletter, read how the IMET Core Fund is favorably positioned in the current environment, review our economic update, and see the March 2024 fund performance.
Read moreIn this month's newsletter, see the info for IMET's upcoming Annual Participant meeting happening March 19th, view IMETs upcoming schedule of conferences and events, read our economic update, and view the February 2024 fund performance.
Read moreIn this month's newsletter, see the info for IMET's upcoming Annual Participant meeting happening March 19th, review the IMET Economic Update Webinar from February 13th, read about the completion of IMETs audit, view IMETs upcoming schedule of conferences and events, read our economic update, and view the January 2024 fund performance.
Read moreIn this month's newsletter, view the IMET schedule for the beginning of 2024, see the info for IMET's upcoming Annual Participant meeting happening March 19th, look at the upcoming IMET Economic Update webinar registration with Meeder Public Funds on February 13th, read our economic update, and view the December 2023 fund performance.
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