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 Core Fund
Net Total Return*
| 1 Month | 3 Month | 1 Year | Since Inception** |
|---|---|---|---|
| -0.69% | -1.56% | -4.51% | 2.69% |
As of June 23, 2022
Net Asset Value
$19.917
As of June 23, 2022
- Carries the highest rating by Moody's, Aaa/bf
- *Annualized
- **Inception July 17, 1996
Convenience Fund (CVF)
Yield
1 Day
1.31%
7 Day
1.28%
30 Day
0.89%
As of June 23, 2022
FED Funds Rate
1.50% - 1.75%
As of June 24, 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
IMET June 2022 Monthly Newsletter
June 09, 2022
In this month's monthly newsletter, you will be introduced to IMETs new Associate Director, see the upcoming events IMET will be participating in, review the latest economic update, and view the performance report for May 2022.
Read moreMeet Ethan Lord
June 08, 2022
We are excited to introduce Ethan Lord, our new Associate Director, who will be working out of Edwardsville.
Read moreIMET April 2022 Monthly Newsletter
April 18, 2022
26th Annual Participants' Meeting
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