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 215 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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| August 2010 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 |
0.14% |
0.82% |
2.31% |
4.12% |
4.16% |
4.59% |
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Gross of Fees |
0.16% |
0.89% |
2.59% |
4.40% |
4.44% |
4.91% |
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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Jerry Ducay (Trustee) is the Village Administrator for the Village of Frankfort, Illinois. Before joining the Village of Frankfort in 1999, Jerry was the Village Administrator for the Village of Crete where he served for five years. Prior to Crete, Jerry served as the first-ever Village Administrator in the Village of Dolton, serving that community for four years. Jerry has a Bachelor of Science Degree in Economics from Illinois State University, and a Masters of Business Administration (MBA) from Governors State University. He has served as the Chairman for the Southwest Agency for Risk Management (SWARM, a municipal risk insurance pool) and was recently appointed to the Special Review Committee for the Illinois Government Finance Officers Association CAFR program |
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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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