The 4M Fund Team

The 4M Fund is governed and managed by a uniquely qualified team of experienced professionals. At the top level of management is the 4M Fund Board of Trustees, who oversee all decisions and strategic planning for the Fund. The Board of Trustees is comprised of the League of Minnesota Cities Board of Directors, a dedicated group of mayors, city councilmembers, city administrators, and staff who work with Minnesota public entities every day. The League of Minnesota Cities Executive Director, General Counsel, and Finance Director are also part of the team.

Chosen by the 4M Fund Board of Trustees, PMA Financial Network, LLC (PMA) serves as the Fund's administrator, providing the top-level group of administrative and investment professionals who manage the daily operations of the 4M Fund. Below is a brief background on the day-to-day administration team. 

  • As the Fund's administrator, PMA manages the accounting and reporting processes for the 4M Fund, as well as the online access system and toll-free call center. 
  • PMA Asset Management, LLC, under the direction of PMA, provides investment advisory services for the Fund.
  • PMA Securities, LLC provides marketing services to the Fund.
  • US Bank, N.A. provides custodial services to the Fund.

Complementary Investment Services (Fixed Rate Program) Team

In addition to the services provided directly by the 4M Fund, PMA Financial Network, Inc. also works directly with participants to manage a variety of fixed rate investment products. With experienced professionals, these firms can meet the investment needs of Minnesota public entities. For more information on these additional investment products, contact: 

PMA Financial Network, LLC and PMA Securities, LLC
Attention: Kent Johnson or Corey Boyer
5298 Kyler Avenue NE, Second Floor 

Albertville, MN 55301

For detailed contact information on any member of the team, please click on the Contact Us button at left for direct phone numbers, addresses, and emails. 


The 4M Liquid Asset Fund and 4M PLUS Fund (the “Funds”), as well as the Term Series Fund (Term Series), seek to maintain a net asset value of $1.00 per share. However, an investment in either Fund is neither insured nor guaranteed by the U.S. government and there is no assurance that the Funds will be able to maintain a stable net asset value of $1.00 per share. The 4M Limited Term Duration Fund (LTD Fund) seeks to provide current income while maintaining limited price volatility. The LTD Fund has a floating net asset value, and the net asset value of a Participant’s investment could decline below the amount originally invested by the Participant. You should consider the applicable Fund's investment objectives, risks, charges and expenses detailed in the Information Statement before you invest.