Funds and Performance
Created more than 20 years ago, 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.
IMET 1-3 Year Fund
Net Total Return*
| 1 Month | 3 Month | 1 Year | Since Inception** |
|---|---|---|---|
| 0.02% | 0.16% | 3.46% | 3.07% |
As of November 24, 2020
Net Asset Value
$20.885
As of November 24, 2020
- Carries the highest rating by Moody's, Aaa/bf
- *Annualized
- **Inception July 17, 1996
Convenience Fund (CVF)
Yield
1 Day
0.27%
7 Day
0.27%
30 Day
0.28%
As of November 24, 2020
FED Funds Rate
0.00% - 0.25%
As of November 26, 2020
- Designed to accommodate funds requiring high liquidity, including short term cash management programs and temporary investment of bond proceeds
- Enhanced diversification with no minimum investment
Recent News
IMET October 2020 Monthly Newsletter
October 19, 2020
IMET October 2020 Monthly Newsletter
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