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
Halloween offers a lighthearted reminder that public fund investing can come with fewer surprises. A sound investment policy, cash flow forecasts, and diversification help local governments protect public funds, maintain liquidity, and pursue prudent returns.
No Tricks, Just Sound Investment Practices: Keeping Public Funds Safe
Read moreClick on the link below to read the latest IMET Monthly Newsletter:
IMET OCTOBER 2026 Monthly Newsletter
Read moreClick on the link below to read the latest IMET Monthly Newsletter:
IMET SEPTEMBER 2026 Monthly Newsletter
Read moreIMET’s first IAWA Conference was a valuable opportunity to listen, learn, and connect with Illinois wastewater professionals while gaining a better understanding of the communities they serve.
The IAWA Conference: Listening, Learning and Serving Illinois Communities
Read more