The Combined Fund Short-Term Income Investment Pool
The Short-Term Income Investment Pool is intended for investment of short-term funds with an investment horizon up to about eighteen months. This pool would be an alternative to money market investments and short-term CDs. This portfolio would not be FDIC insured.
Allocation – Ultra short-term, short-term, and intermediate term fixed-income funds and 5% in an S&P 500 Index Fund.
Risk Profile – Goal is not to have a loss in any single one-year period. There could be a loss in a given calendar quarter.
Anticipated Total Returns – Investment returns are expected to exceed the rate of inflation and to exceed money market fund rates by 2% annually over time.
Minimum Initial Investment – $1,000.00
Withdrawals – There are no automatic distributions of income from the Pool. Withdrawals may be made on demand once per calendar quarter.
Investment Returns Through December 31, 2018
|Comparative Returns||YTD||1-year return||3-year return|
|Short-Term Income Investment Pool||0.74%||0.74%||2.09%|
|Mixed-Asset Target Allocation||1.04%||1.04%||1.82%|
The Short-Term Investment Pool had a total return of 0.74% for the one-year period ended 12/31/18 compared to the benchmark rate of 1.04%. It had a total return of 2.09% for the latest three-year period compared to the benchmark rate of 1.82%. The pool was established in January of 2015.
Note: Historical investment returns are not a guarantee of future results.