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

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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

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Recent News

IMET November 2020 Newsletter
November 23, 2020

IMET November 2020 Newsletter

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Market Update is available!
October 22, 2020

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IMET October 2020 Monthly Newsletter
October 19, 2020

IMET October 2020 Monthly Newsletter

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Register for the Market Update
September 24, 2020

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