Prime Pool
Securely safeguard principal, ensure liquidity, and optimize capital investment yield.
Maximize your potential with strategic investments tailored to your goals, ensuring every investment aligns with your municipal’s aspirations. The Prime Pools is best suited for public finance officials who choose to invest in Prime Style Pools to enhance their rate of return. Our Prime Pool strives to enhance your rate of return through the addition of State approved security types like CD’s, Commercial Paper, and Corporate Bonds while maintaining liquidity and preserving capital.
Key features
Participant to Participant Transfers
Unlimited Transactions
Unlimited Sub-Accounts
No Fees
Direct Deposits of State Payments
Online 24/7 Access
Future Dated Transactions
Prime Pool Characteristics
Portfolio Type
TBD
Rating
AAAm S&P Global
Liquidity
Daily- Same-day liquidity available (11am Cut-off local time)
Nav Type
Stable NAV- Traditional stable $1.00 NAV
Reporting
Accessible in the LocalTrust Portal- Conveniently access your monthly statement, transaction confirmations, and on-demand reports
Dividend Rate
Applied Daily- Dividends apply and are reinvested daily
Minimum Investment
None- no investment minimum or maximum
Accounts
Unlimited – there is no limit to the number of subaccounts you can create
WAM
< or = to 60 days
Documents
Prime Pool Information Statement
Work with a LocalTrust team member to get started now.
Fill out registration form (Opens in a new tab)