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
IMET is very pleased to announce that it now offers Arbitrage Rebate Calculation Services (ARCS) through an agreement with Arbitrage Rebate Counselors, LLC. Read more here:
Announcing IMET’s Arbitrage Rebate Calculation Services provided by Arbitrage Rebate Counselors, LLC
Read moreThe IMET Board of Trustees is soliciting interest from eligible IMET participants who would like to serve as a trustee of the IMET Board. One board position is now open as of August 2025. For more information click on the link below:
Serve on the IMET Board of Trustees
Read moreIn this edition of the IMET Participant Spotlight, we feature the City of Champaign, where Finance Director Kay Nees shares how IMET supports the City’s financial operations and investment goals.
IMET Participant Spotlight: City of Champaign
Read moreClick on the link below to read the latest IMET Monthly Newsletter:
IMET September 2025 - Monthly Newsletter
Read more