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 icon

    Unlimited transactions

  • Unlimited sub-accounts icon

    Unlimited sub-accounts

  • Saving money icon

    No transaction fees

  • Online Access Calendar Icon

    Future-dated transactions

  • Participant transfers icon

    Participant-to-participant transfers

  • Monitor with clock icon

    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

Get started

Eligible investors establish participation through a defined application process.

Insights
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.