Funds and Performance
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.
IMET Core Fund
Net Total Return*
| 1 Month | 3 Month | 1 Year | Since Inception** |
|---|---|---|---|
| 0.95% | 3.05% | 7.81% | 2.80% |
Net Asset Value
- Carries the highest rating by Moody's, Aaa/bf
- *Annualized
- **Inception July 17, 1996
Convenience Fund (CVF)
Yield
FED Funds Rate
- 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
In this month's newsletter view our upcoming schedule for conferences and events, check out the link to our other recent articles, read our economic update, and see the July 2024 fund performance.
Read moreThis article gives a refresher for the GFOA's Best Practices as it pertains to managing public funds. Even though you may know them well, it is always helpful to review (one might call that a Best Practice). The article can be found here: Refresher: GFOA Best Practices for Managing Public Funds
Read moreThis article breaks down Cash Flow Forecasting (CFF). It focuses in on what CFF is, what CFF is not, and where to start.
The article can be found here: Navigating Fiscal Waters: The Art of Cash Flow Forecasting for Financial Stewardship
Read moreIn this month's newsletter view our upcoming schedule for conferences and events, read our economic update, and see the June 2024 fund performance.
Read more