Currently serving more than 176 municipalities and government agencies, IMET is a fund with a fluctuating net asset value and an average maturity of one-to-three years. IMET continues to receive the highest ratings available from Standard & Poor's Rating Service!
Pension Funds The Illinois Department of Insurance has approved IMET as an authorized investment for police and firefighter pension funds. IMET is one of only four pooled funds in the State of Illinois to receive this authorization.
Municipalities IMET is subject to an annual audit performed by an independent third party. These statements are published annually and distributed to Fund participants in the annual report.
Other Public Agencies The performance of IMET is reviewed each month by an independent performance monitoring organization, and is measured against certain standard benchmarks. This performance measurement is distributed monthly to all Fund participants.