Funds and Performance

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.

IMET Convenience Fund

Daily Yield

4.26%

As of March 24, 2025

7 Day Yield

4.26%

As of March 24, 2025

Stable NAV pool designed for day-to-day cash management
No corporate credit exposure
Same day liquidity
24-hour access to online portal for transactions and statements
No minimum investments or transaction costs

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IMET Core Fund

Market Yield^*

4.01%

As of February 28, 2025

Total Return^**

5.61%

As of March 24, 2025

Floating NAV pool designed for funds that may be invested for longer than one year
Aaa/bf rating from Moody's
Target portfolio maturity between 1-3 years
Offers next day liquidity
No early withdrawal or redemption fees

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*Net annualized rate of return a new investor could earn at current market prices if the securities in the fund are held to maturity. This yield will fluctuate moving forward.
**Net total return for prior one-year period.