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 Core Fund
Net Total Return*
| 1 Month | 3 Month | 1 Year | Since Inception** |
|---|---|---|---|
| -0.22% | 0.54% | 5.80% | 2.77% |
Net Asset Value
- Carries the highest rating by Moody's, Aaa/bf
- *Annualized
- **Inception July 17, 1996
Convenience Fund (CVF)
Yield
FED Funds Rate
- Designed to accommodate funds requiring high liquidity, including short term cash management programs and temporary investment of bond proceeds
- Enhanced diversification with no minimum investment
Recent News
A fun Halloween themed article discussing safety, liquidity, and yield within the current market and the future outlook. Beware the Haunted Markets: Local Government Investing in Spooky Times
Read moreClick on the link below to read the latest IMET Monthly Newsletter:
IMET October 2024 Monthly Newsletter
Read moreThis article discusses the important aspects of transparency and accountability in public funds management. The aspects discussed are the principles, structure, reporting, audits, as well as standards and requirements. Transparency and Accountability in Public Fund Management
Read moreIn this month's newsletter view our upcoming schedule for conferences and events, check out the link to our other recent articles, read our economic update, and see the August 2024 fund performance.
Read more