Member Account Access  |
The Illinois Metropolitan Investment Fund (IMET) was developed in July 1996 as a cooperative endeavor to assist Illinois municipalities with the investment of their intermediate-term dollars. IMET was established as a not-for-profit investment fund under the Illinois Municipal Code. Currently serving more than 191 municipalities and public entities, IMET offers two separate investment vehicles, the 1-3 Year Fund and the Convenience Fund, to meet the investment needs of public entities. IMET continues to receive the highest rating available (AAAf/S1) from Standard & Poor's Rating Service. |
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| May 2009 IMET Performance | Annualized | |||||
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IMET 1-3 Year Fund |
One Month |
3 Months |
One Year |
3 Years |
5 Years |
Since Inception |
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Net of Fees |
.24% |
.75% |
5.12% |
5.53% |
4.01% |
4.82% |
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Gross of Fees |
.26% |
.82% |
5.40% |
5.81% |
4.30% |
5.15% |
For prior 1-3 Year Fund daily NAV values and Convenience Fund rates, please call the Operations Desk 1-888-288-IMET (4638) |
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Kevin Barr (Trustee) is the Finance Director for the Village of Schiller Park, and has held this position since 2000 as the Village Manager. Prior to Schiller Park, he served for seven years as the Assistant Village Manager for the Village of Bensenville and served six years with the Village of Northbrook. Kevin has significant familiarity with intergovernmental agencies, including serving on the executive boards of the Intergovernmental Risk Management Agency (IRMA) and the West Cook County Solid Waste Agency. Kevin holds a Bachelor Degree in History and Political Science and a Master's Degree in public Administration from the University of Illinois at Champaign/Urbana. |
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| For easy access to wire instructions for purchases, redemptions or transfers please call the operations/help desk at 1-888-288-IMET(4638) |
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