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** |
|---|---|---|---|
| -1.85% | -1.32% | -6.00% | 2.60% |
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 monthly newsletter, you will be able to read about the ICTA Annual Summer Conference that took place in Carbondale, see all the upcoming events IMET will be participating in, review the latest economic update, and view the performance report for July 2022.
Read moreIn this month's monthly newsletter, you will be able to read about the IMTA Annual Summer Conference that took place in Springfield, see all the upcoming events IMET will be participating in, review the latest economic update, and view the performance report for June 2022.
Read moreIn 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 moreWe are excited to introduce Ethan Lord, our new Associate Director, who will be working out of Edwardsville.
Read more