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* |
|---|---|---|---|
| 0.16% | 0.32% | 3.77% | 3.09% |
As of August 13, 2020
Net Asset Value
$20.840
As of August 13, 2020
- Carries the highest rating by Moody's, Aaa/bf
- *Inception July 17, 1996
Convenience Fund (CVF)
Yield
1 Day
0.35%
7 Day
0.35%
30 Day
0.33%
As of August 13, 2020
FED Funds Rate
0.00% - 0.25%
As of August 13, 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 July 2020 Monthly Newsletter
July 20, 2020
Download the July 2020 IMET Monthly Newsletter
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