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
$20.153
As of August 20, 2019
$19.995
As of July 31, 2019
Recent Performance
| 1 Month | 3 Month | 1 Year | |
|---|---|---|---|
| NET | -0.08% | 1.00% | 3.37% |
| GROSS | -0.06% | 1.06% | 3.65% |
- 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
2.11%
As of August 20, 2019
FED Funds Rate
2.00% - 2.25%
As of August 21, 2019
Recent Performance
N/A
Avg. Daily Yield of Month
2.22%
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
Feds Block Tax Breaks for Donating to these Charitable State Funds
June 14, 2019
The Internal Revenue Service and the Treasury Department have issued final rules blocking certain states’ attempts to work around the new $10,000 cap for state and local tax deductions.
Read moreJune 2019 IMET Monthly Newsletter
June 14, 2019
Download the June 2019 IMET Monthly Newsletter here
Read more