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 month's newsletter view our upcoming schedule for conferences and events, check out the link to our other recent articles, read our economic update, and see the July 2024 fund performance.
Read moreThis article gives a refresher for the GFOA's Best Practices as it pertains to managing public funds. Even though you may know them well, it is always helpful to review (one might call that a Best Practice). The article can be found here: Refresher: GFOA Best Practices for Managing Public Funds
Read moreThis article breaks down Cash Flow Forecasting (CFF). It focuses in on what CFF is, what CFF is not, and where to start.
The article can be found here: Navigating Fiscal Waters: The Art of Cash Flow Forecasting for Financial Stewardship
Read moreIn this month's newsletter view our upcoming schedule for conferences and events, read our economic update, and see the June 2024 fund performance.
Read more