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 CD’s. This portfolio would not be FDIC insured.
Allocation – Ultra short-term, short-term and intermediate term fixed income funds and 5% in and 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.
Historical Investment Returns
The Short Term Investment Pool had a total return of 0.32% for the year ended 12/31/15 compared to the benchmark rate of 0.29%. The pool was established in January of 2015, so only one year of history is available.
Note: Historical investment returns are not a guarantee of future results.