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**|
Net Asset Value
- Carries the highest rating by Moody's, Aaa/bf
- **Inception July 17, 1996
Convenience Fund (CVF)
FED Funds Rate
- 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
Sofia Anastopoulos, along with Aimee Briles, of Wintrust, wrote "Practical Tips for Getting the Best Out of Your RFPs" for the IGFOA. While numerous resources exist for the creation and use of RFPs in competitive procurements, this article strives to present useful tips to enhance the productively of your RFPs. Read full article here.