IMET Convenience Fund
The IMET Convenience Fund is designed to accommodate funds requiring high liquidity, including short term cash management programs and temporary investment of bond proceeds. It is comprised of collateralized bank deposits, FDIC insured certificates of deposit and US government securities.
Convenience Fund Performance Summary
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 Form.
- 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
In this edition of the IMET Participant Spotlight, we feature St. Clair County Treasurer Andy Lopinot, who shares how the county has utilized IMET for several years to keep its investments safe, liquid, and competitive while strengthening its long-term financial strategy.
IMET Participant Spotlight: St. Clair County
Read moreClick on the link below to read the latest IMET Monthly Newsletter:
IMET November 2025 - Monthly Newsletter
Read moreThe Fall 2025 Market Overview highlights steady economic growth, moderate inflation, and the Federal Reserve’s gradual shift toward rate cuts following the September adjustment. IMET Performance reflects how these market conditions influenced the Core and Convenience Series during the period.
Market Overview and IMET Performance - Fall 2025
Read moreThis article explains the Federal Reserve’s October 29, 2025, 0.25% rate cut to a 3.75%–4.00% target range—the second cut of the year—signaling a gradual easing path amid policy uncertainty, with balance sheet runoff ending December 1 to support liquidity.
Fed Eases Rates Again — What It Means for Public Funds Investors
Read more