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 has updated its online Reference Materials, reviewed key Illinois public funds legislation, and refreshed links to GFOA best practices to ensure participants have access to current, useful resources as of September 2026.
Updated IMET Reference Material - September 2026
Read moreClick on the link below to read the latest IMET Monthly Newsletter:
IMET AUGUST 2026 Monthly Newsletter
Read moreThe August 2026 Market Overview provides the latest updates on economic growth, inflation, employment, and Federal Reserve rate expectations.
Read moreClick on the link below to read the latest IMET Monthly Newsletter:
IMET July 2026 - Monthly Newsletter
Read more