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**
0.06% 0.00% 0.37% 2.99%
As of August 02, 2021

Net Asset Value

$20.912
As of August 02, 2021
  • Carries the highest rating by Moody's, Aaa/bf
  • *Annualized
  • **Inception July 17, 1996

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Convenience Fund (CVF)

Yield

1 Day
0.18%
7 Day
0.18%
30 Day
0.17%
As of August 02, 2021

FED Funds Rate

0.00% - 0.25%
As of August 02, 2021
  • 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 July 2021 Monthly Newsletter
July 26, 2021

IMET July 2021 Monthly Newsletter

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IMET Board Nominations
July 26, 2021

IMET Board Nominations

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Announcing IMET’s Arbitrage Rebate Calculation Services through Ice Miller
June 30, 2021

Announcing IMET’s Arbitrage Rebate Calculation Services through Ice Miller

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IMET June 2021 Monthly Newsletter
June 21, 2021

IMET June 2021 Newsletter

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