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
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
Recent News
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 .
Read moreRegister for the IMET Market Update Presented by Meeder
December 08, 2021
Register for the IMET Market Update Presented by Meeder
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