IMET Convenience Fund
The IMET Convenience Fund 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 insured certificates of deposit and US government securities.
Convenience Fund Performance Summary
Ready to start investing?
Opening an account is simple!
- Pass an ordinance, resolution, or adopt an investment policy authorizing participation in IMET.
- Complete and return an IMET Account Application Form.
- Return the Application along with your redemption instructions and fund your account with your initial investment. There are no restrictions to the number of accounts you can have.
Recent News
Click on the link below to read the latest IMET Monthly Newsletter:
IMET April 2025 Monthly Newsletter
Read moreThe article discusses recent U.S. tariffs on imports from China, Canada, and Mexico, and how these trade measures may impact local governments by affecting investment returns, project budgeting, and procurement strategies due to rising costs.
Tariffs, the Federal Reserve, and What It Means for Local Governments
Read moreClick on the link below to read the latest IMET Monthly Newsletter:
IMET March 2025 Monthly Newsletter
Read moreThis article explores the Federal Reserve's evolving expectations for 2025.
The Fed's Tune Has Changed...Somewhat
Read more