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 December 2025 - Monthly Newsletter
Read moreIn this edition of the IMET Participant Spotlight, we feature St. Clair County Treasurer Andy Lopinot, who shares how the county has utilized IMET for several years to keep its investments safe, liquid, and competitive while strengthening its long-term financial strategy.
IMET Participant Spotlight: St. Clair County
Read moreClick on the link below to read the latest IMET Monthly Newsletter:
IMET November 2025 - Monthly Newsletter
Read moreThe Fall 2025 Market Overview highlights steady economic growth, moderate inflation, and the Federal Reserve’s gradual shift toward rate cuts following the September adjustment. IMET Performance reflects how these market conditions influenced the Core and Convenience Series during the period.
Market Overview and IMET Performance - Fall 2025
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