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
Click on the link below to read the latest IMET Monthly Newsletter:
IMET March 2026 - Monthly Newsletter
Read moreThe Winter 2026 Market Overview highlights inflation moving closer to the Fed’s 2.00% goal. It also explains why the Fed has held rates at 3.50% to 3.75%, what markets are watching at the March meeting, and how elevated Treasury yields have supported competitive IMET fund rates.
Market Overview and IMET Performance (Winter 2026)
Read moreIn this edition of the IMET Participant Spotlight, we feature the City of Rolling Meadows. We cover how the City uses IMET to support major project funding, maintain liquidity during property tax delays, and invest bond proceeds for local improvements.
IMET PARTICIPANT SPOTLIGHT HIGHLIGHTS: City of Rolling Meadows
Read moreClick on the link below to read the latest IMET Monthly Newsletter:
IMET February 2026 - Monthly Newsletter
Read more