Committed to being your trusted investment steward, earning your trust and deserving your confidence.
IMET was created over 20 years ago by and for finance officers and administrators of public funds to enhance investment opportunities.
Why Invest in IMET?
By pooling funds from many government agencies, IMET enjoys advantages that can lead to higher risk-adjusted returns.
Discover more about usWe offer two separate funds to meet your investment needs.
IMET 1-3 Year Fund
Net Asset Value
$20.171
As of October 18, 2019
$20.143
As of September 30, 2019
Recent Performance
| 1 Month | 3 Month | 1 Year | |
|---|---|---|---|
| NET | (0.10)% | 0.65% | 3.83% |
| GROSS | (0.08)% | 0.72% | 4.12% |
- Average portfolio maturity of 1-to-3 years with no 'early' withdrawal fees
- Carries the highest rating by Moody's, Aaa/bf
Convenience Fund (CVF)
CVF Fund Rate
1.91%
As of October 18, 2019
FED Funds Rate
1.75% - 2.00%
As of October 18, 2019
Recent Performance
N/A
Avg. Daily Yield of Month
2.24%
Past 12 Months
- Designed to accommodate funds requiring high liquidity, including short term cash management programs and temporary investment of bond proceed
- Enhanced diversification with no minimum investment
Recent News
GFOA Executive Board Adopts Two Best Practices
October 03, 2019
The GFOA Executive Board adopted two best practices pertaining to investing at its September 20, 2019 meeting, Collateralizing Public Deposits and Using Cash Flow Forecasts for Treasury and Operations Liquidity.
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