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**
-0.56% -1.07% -1.63% 2.88%
As of January 19, 2022

Net Asset Value

$20.624
As of January 19, 2022
  • Carries the highest rating by Moody's, Aaa/bf
  • *Annualized
  • **Inception July 17, 1996

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Convenience Fund (CVF)

Yield

1 Day
0.15%
7 Day
0.15%
30 Day
0.15%
As of January 19, 2022

FED Funds Rate

0.00% - 0.25%
As of January 19, 2022
  • 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 January 2022 Newsletter
January 12, 2022

IMET January 2022 Newsletter

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View the IMET Webinar Market Update
December 15, 2021

IMET made available an informative market update presented by Meeder Investment Management. For those who were not able to participate live, feel free to View the IMET Market Update .

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IMET December 2021 Newsletter
December 15, 2021

IMET December 2021 Newsletter

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Register for the IMET Market Update Presented by Meeder
December 08, 2021

Register for the IMET Market Update Presented by Meeder

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