IMET Core Fund

The IMET Core Fund (formerly known as the 1-3 Year Fund) is designed for public funds that may be invested for longer than one year. Although the Core Fund is designed for funds that may be invested for a year or longer, there is no minimum investment term and there are no 'early' withdrawal/redemption fees or penalties for funds invested for less than one year.

The Core Fund provides next day liquidity; participants are able to redeem investment shares next day as long as IMET is notified by 3:00 PM CT. The Core Fund has a fluctuating net asset value (NAV) and an average portfolio maturity of 1 to 3 years. The Core Fund is invested primarily in U.S. government backed securities (Treasuries and Agencies). Due to its investment policy, objectives and constraints, the IMET Core Fund Series carries the highest rating by Moody's, Aaa/bf.

Core Fund Performance Summary

Or Filter By Month and Year:

Ready to start investing?

Opening an account is simple!

  • Pass an ordinance, resolution or adopt an investment policy authorizing participation in IMET.
  • Complete and return an IMET Account Application.
  • Return the Application along with your redemption instructions and fund your account with your initial investment. There are no restrictions to the number of accounts you can have.

Recent News

IMET May 2022 Monthly Newsletter
May 13, 2022

Read more
IMET April 2022 Monthly Newsletter
April 18, 2022

26th Annual Participants' Meeting

Thanks to all who joined us remotely for the 26th Annual Participants Meeting. For those who were not able to join us, please Click Here for the Annual Meeting Packet and Core Fund presentation.

Read more
IMET Offering New Service for IMET Participants – DebtBook Dashboard and Software!
April 18, 2022

IMET is thrilled to announce a service IMET is now making available to our participants.

Read more
IMET March 2022 Monthly Newsletter
March 08, 2022

Read more
View All News