Term Series Investment Pools

 

The 4M Fund settled its most recent term series investment pool on August 9, 2022 — watch for new term series offerings coming soon!



The 4M Fund's term series investment pools offer a great short-term investment option that seeks higher yields. You can lock into a fixed rate and a specific date to meet your investment needs. 

Fixed rates
Each term series is comprised of statute-allowable investments with a fixed rate of return. Rates don’t fluctuate. Your money may earn more because each term series seeks to provide rates that are typically higher than what your local bank account or other investment options might offer.

Fixed dates
Each term series has a fixed maturity date between 30 and 397 days. Need an investment vehicle for your future bond payments for 3 months, or invest reserves for a year? Convenient maturity dates meet your city’s specific needs.

New pools with varying rates and maturity dates will be offered on a regular basis, with a limited time frame of about 2-4 days to buy in to each new series. There is no minimum to buy in to the pools, and shares can be purchased at any dollar amount.

The term series investment pools were developed through the League’s partnership with PMA Financial Network, Inc. (administrator for the 4M Fund) in an effort to provide increased yield and value as cities continue to respond to ongoing financial challenges. The term series investment advisor is Prudent Man Advisor, Inc.

For more information on the terms series investment pools, including the most current interest rates, contact Kent Johnson, PMA, at (763) 497-1490 or (800) 783-4273, x1300, via kjohnson@pmanetwork.com, or read the documents below.

 
*Specific information about Term Series can be found on page 9 of this document.
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.