Frequently Asked Questions

Here at IMET, we pride ourselves on our outstanding service. If you didn't find what you were looking for, please contact us so we may assist you.

Q How do I become a participant?
A

Your governing body must pass an ordinance or a resolution authorizing participation in IMET or your investment policy must name IMET as an authorized investment. Then, you must complete an IMET Account Application Form and provide IMET with your banking instructions for redemptions. Return the form and establish an account with an initial investment in the Convenience Series or the 1-3 Year Series. There is no minimum initial investment.

   
Q How do I close an Account?
A

To close an IMET account or bring the balance of an account to a 'zero balance', just phone the Operations Desk with the redemption instructions and inform operations to include all accrued earnings in order to 'zero' the account.

   
Q

What types of entities make up IMET investors?

A

IMET investors (known as participants) are municipalities, counties, police and firefighter pension funds, libraries, park districts, school districts, forest preserve districts, as well as many other public entities.

   
Q

How do I sign up for online access?

A

Complete the Online Access Request Form and return the completed form to IMETRequests@alpsinc.com.

   
Q

Where can I send our audit confirmation requests?

A

Audit confirmation requests can be made:

By mail:

IMET FUNDS

ATTN: PROCESSING TEAM 2

P.O. BOX 1920

DENVER, CO 80201

By phone:

630-571-0480, ext. 230

OR

By email:  IMETRequests@alpsinc.com

   
Q

How can I add banking instructions for my account?

A

Complete the Redemption Instructions Form and return to IMET at IMETRequests@alpsinc.com.

 

 

Q

How can I update who is an authorized signer on my account:

A

Complete the Authorized Signatures Form and return to IMET at IMETRequests@alpsinc.com

 

 

Q

Where do I find rate information?

A

Performance information is available in the Funds and Performance section of the website. Each month, the previous month’s rate information is available in that month’s IMET Newsletter. The Newsletter is emailed to participants and made available on the website around the middle of each month and can be found here.

   
Q

What are the hours I can get help at the IMET Operations Help Desk?

A

Representatives are available on the IMET Help Desk from 8:00 am Central to 7:00 pm Central on regular business days.

   
Q

What are the daily notification cut-offs for redemptions and subscriptions?

A

Participants may subscribe to the 1-3 Year and Convenience Fund on any business day.

For the 1-3 Year Fund, purchase requests received by IMET before noon Central Time ("CT") are credited to accounts at the net asset value as of the close of business that day.  Notice of redemptions of the 1-3 Year Fund also must be made before noon CT.  Participants may redeem shares of the 1-3 Year Fund with five days’ notice at the net asset value as of the close of business on the third business day following the day of notification.

For the Convenience Fund, purchase requests made by 3:00 pm CT are credited to accounts at the net asset value as of the close of business that day. Participants may redeem from the Convenience Fund with same day notice at the current value as of the day of redemption as long as notice is made by 3:00 pm CT.  Redemptions with notice after 3:00 pm CT will be redeemed on the following business day.

 

Recent News

November 2019 IMET Monthly Newsletter
November 12, 2019

Download November 2019 Monthly Newsletter

Read more
GFOA Offers Guidance on the LIBOR/SOFR Transition
October 10, 2019

Read more
October 2019 IMET Monthly Newsletter
October 08, 2019

Download October 2019 IMET Monthly Newsletter

Read more
GFOA Executive Board Adopts Two Best Practices
October 03, 2019

The GFOA Executive Board adopted two best practices pertaining to investing at its September 20, 2019 meeting, Collateralizing Public Deposits and Using Cash Flow Forecasts for Treasury and Operations Liquidity.

Read more
View All News