Funds and Performance
Created 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** |
|---|---|---|---|
| -0.46% | 0.02% | 2.75% | 2.61% |
Net Asset Value
- Carries the highest rating by Moody's, Aaa/bf
- *Annualized
- **Inception July 17, 1996
Convenience Fund (CVF)
Yield
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
Recent News
In this month's newsletter, read about upcoming conferences and events IMET will be attending, read our economic update, and view the August 2023 fund performance.
Read moreIn this month's newsletter, read about upcoming conferences and events IMET will be attending, find links to our most recent articles, read our economic update, and view the July 2023 fund performance.
Read moreMore changes to MMFs
To learn more about the Fitch downgrades follow the link below.
Read moreWhy and what does it mean?
To learn more about the Fitch downgrades follow the link below.
Read more