Premier Pool
The Premier Pool includes eligible instruments such as, but not limited to, certificates of deposit and highly rated commercial paper within defined investment parameters.
Key features
Participant-to-participant transfers
No transaction fees
Unlimited transactions
Online account access
Future-dated transactions
Unlimited sub-accounts
Premier Pool Characteristics
Portfolio Type: Eligible instruments such as, but not limited to, certificates of deposit, commercial paper, and other eligible securities
Rating: AAAm (S&P Global)
Liquidity: Daily (same-day liquidity available; 2pm CT cut-off)
Net Asset Value: Stable $1.002
Reporting: S&P reports, Investment Policy Statement, Information Statements
Dividend Rate: Accrued daily
Minimum Investment: None
Accounts: Unlimited sub-accounts
Weighted Average Maturity (WAM): ≤ 60 days
Documents
Premier Pool Information Statement
Premier Pool Investment Policy
LocalTrust Premier Pool S&P Ratings Profile
Get started
Eligible investors establish participation through a defined application process.
Insights
2 While the LocalTrust investment pools seek to maintain a stable net asset value of $1.00 per share, it is possible to lose money investing in LocalTrust. Investors should consider the investment objectives, risks, charges, and expenses before investing in any of the LocalTrust investment pools.