IMET Core Fund

The IMET Core Fund (formerly known as the 1-3 Year Fund) is designed for public funds that may be invested for longer than one year. Although the Core Fund is designed for funds that may be invested for a year or longer, there is no minimum investment term and there are no 'early' withdrawal/redemption fees or penalties for funds invested for less than one year.

The Core Fund provides next day liquidity; participants are able to redeem investment shares next day as long as IMET is notified by 3:00 PM CT. The Core Fund has a fluctuating net asset value (NAV) and an average portfolio maturity of 1 to 3 years. The Core Fund is invested primarily in U.S. government backed securities (Treasuries and Agencies). Due to its investment policy, objectives and constraints, the IMET Core Fund Series carries the highest rating by Moody's, Aaa/bf.

Core Fund Performance Summary

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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.
  • 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 JANUARY 2022 Monthly Newsletter
January 13, 2023

In this month's monthly newsletter, you will learn about IMET's Annual Participant Meeting coming this March, read about IMET Funds Performance, see all the upcoming events IMET will be participating in for the beginning of the new year, review the latest economic update, learn about some of IMET's additional services, and view the performance report for December 2022. 

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IMET DECEMBER 2022 Monthly Newsletter
December 12, 2022

In this month's monthly newsletter, you will see IMET's Holiday Schedule, learn about IMET's Annual Participant Meeting coming March 2023, read about IMET Funds Performance, see all the upcoming events IMET will be participating in the remainder of the year, review the latest economic update, learn about some of IMET's additional services, and view the performance report for November 2022. 

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IMET NOVEMBER 2022 Monthly Newsletter
November 10, 2022

In this month's monthly newsletter, you will learn about IMET's Annual Participant Meeting coming March 2023, read about IMET Funds Performance, see all the upcoming events IMET will be participating in the remainder of the year, review the latest economic update, learn about some of IMET's additional services, and view the performance report for October 2022. 

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IMET OCTOBER 2022 Monthly Newsletter
October 17, 2022

In this month's monthly newsletter, you will be able to read about IMET Funds Performance, see all the upcoming events IMET will be participating in this fall, review the latest economic update, and view the performance report for September 2022. 

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