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
Unlimited transactions
Unlimited sub-accounts
No transaction fees
Future-dated transactions
Participant-to-participant transfers
Online account access
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.