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 approx. 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 September 30, 2019
|Comparative Returns||YTD||1-year return||3-year return|
|Short-Term Income Investment Pool*||5.39%||5.73%||2.76%|
|Short-Term Total Policy||5.24%||5.77%||2.63%|
The pool was established in January of 2015.
*Returns recorded in the table include fees implicit in the funds. They do not reflect other TFE fees.
Note: Historical investment returns are not a guarantee of future results.