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** |
|---|---|---|---|
| 0.59% | 1.41% | 5.53% | 2.79% |
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
IMET gives an outlook for 2025 in this article here:
Outlook for 2025: Balance and Caution
Read moreClick on the link below to read the latest IMET Monthly Newsletter:
IMET January 2025 Monthly Newsletter
Read moreAs we embark on a new year, join us as we welcome new leadership. Several of our Trustees are stepping into exciting roles on the IMET Board. To view the IMET BoT, click here.
Read moreThis article discusses why local governments should invest in a Local Government Investment Pool (LGIP). It covers the important benefits that LGIP's offer to local governments as well as the differences among the LGIP's.
Why You Should Invest in a Local Government Investment Pool
Read more