Welcome to IMET
Our Story
Created in 1996, under the Intergovernmental Cooperation Act and the Illinois Municipal Code, IMET was formed to provide Illinois government agencies with safe, liquid, attractive alternatives for investing. IMET offers participants two separate vehicles to meet their investment needs.
The IMET Core Fund (fka the 1-3 Year Fund) is designed for public funds that may be invested for longer than one year. The Core Fund carries the highest rating available (AAAf/bf) from Moody's. The IMET Core Fund performance is listed on IMET's home page.
The IMET Convenience Fund (CVF) is designed to accommodate funds requiring high liquidity, including short term cash management programs and temporary investment of bond proceeds. It is comprised of collateralized bank deposits, FDIC inusred certificates of deposit and US government securities. The current Convenience Fund rate is listed on IMET's home page.
IMET Annual Comprehensive Financial Report
Click here to download IMET's Annual Comprehensive Financial Report.
Recent News
Click on the link below to read the latest IMET Monthly Newsletter:
IMET July 2025 Monthly Newsletter
Read moreClick on the link below to read the latest IMET Monthly Newsletter:
IMET June 2025 Monthly Newsletter
Read moreThis article highlights how the IMET Core Fund remains a strong, reliable longer-term investment solution for Illinois public agencies, well-positioned to benefit from potential rate cuts in today’s shifting market.
Looking for a longer-term investment option? "Set it and forget it"...It's that simple.
Read moreThis article provides an overview of economic conditions in Spring 2025, including the impact of tariffs, interest rate expectations, inflation trends, and the outlook moving forward.
Spring 2025 Overview and Future Outlook
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