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.
IMET discusses the HOW, WHAT, & WHY of Cash Flow Forecasting and how it can be a great tool for investing.
The article on Cash Flow Forecasting can be found here: Utilizing Cash Flow Forecasting To Invest Government Funds BetterRead more
In this month's newsletter, read about upcoming conferences and events IMET will be attending, read our economic update, and view the October 2023 fund performance.Read more
IMET is excited to announce we are making available a new tool to IMET participants: Separately Managed Accounts (SMA).
To learn more about SMA's click on the link below:Read more
In this month's newsletter, read about upcoming conferences and events IMET will be attending, read our economic update, and view the September 2023 fund performance.Read more