Why Invest In IMET?

ENHANCED DIVERSIFICATION

IMET’s two funds, the Core Fund (fka 1-3 Year Series) and the Convenience Series, can complement a participant's own investment program. Adding different strategies increases diversification which may enhance safety. Each series is comprised of a diversified basket of investments.

LIQUIDITY

IMET conducts daily mark-to-market pricing, recommended by the GFOA, to keep participants constantly aware of the market value of the Core Fund (1-3 Year Series) portfolio. While designed for investments of longer than one year, participants are able to redeem their shares of the Core Fund (1-3 Year Series) with 5 business days notice. The Convenience Series provides daily liquidity to participants.

RESULTS-ORIENTED

IMET funds are managed with the goal of meeting or exceeding their respective benchmark. The Core Fund (1-3 Year Series) is benchmarked to the Bloomberg Barclay’s 1-3 Year Government Total Return Index. The Convenience Series is benchmarked to the Federal Funds Rate.

No Minimums / No Maximums

There are no minimum investment requirements to join or participate. There are no maximum limits on the number of accounts participants can establish.

Best Practices

IMET practices – continuously – are aligned with GFOA and industry best practice and operational excellence - including collateralization, third party custody, and periodic competitive procurement.

Oversight

IMET is governed by a Board of Trustees comprised of Illinois public officials representing IMET participants. The Board meets monthly to review goals, objectives and the direction of IMET. Participants also benefit from an independent administrator that acts as transfer agent and provides fund accounting and reporting, and a third party custodian.

Recent News

Market Outlook - September 2025
September 09, 2025

The September 2025 Market Outlook provides updated economic data and Federal Reserve developments since the August 2025 Monthly Newsletter, highlighting stronger GDP growth, persistent inflation, stable bond spreads, and revised expectations for interest rate cuts.

Market Outlook - September 2025

Read more
IMET Participant Spotlight: Massac County
August 25, 2025

In our first ever addition of the IMET Participant Spotlight, we explore Massac County, where Treasurer Sarah Bremer and her hardworking team share insights on serving their community in southern Illinois. The IMET Participant Spotlight is our way of highlighting the communities and finance professionals we proudly serve across Illinois.

IMET Participant Spotlight: Massac County

Read more
IMET AUGUST 2025 Monthly Newsletter
August 19, 2025

Click on the link below to read the latest IMET Monthly Newsletter:

IMET August 2025 Monthly Newsletter

Read more
Get involved with IMET! Serve on the IMET Board of Trustees!
August 12, 2025

The 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 11th, 2025. For more information click on the link below:  

Get involved with IMET! Serve on the IMET Board of Trustees!

Read more
View All News