Alexi Giannoulias - Illinois State Treasurer

Glossary of Investment Terms

Prime Fund Investment Summary and Benchmarks
Updated April 30, 2008

Welcome to the Prime Fund portfolio page. On this page you will learn on a monthly basis:

How much money is in the fund
Where that money is being invested
What the return is on those investments
And how we compare to industry standards

The State Treasurer's Office uses industry benchmarks to ensure state dollars are placed in safe and lucrative investments. The Treasurer's goal is to consistently outperform the competition.

If you do not understand a term, hover your cursor over the phrase and a definition will appear.

Summary

*This total includes a State investment of $150,000,000.00
**Yield Net of Fees

The Illinois Funds Investment Summary (PDF)

Benchmarks

This graph compares the yield on our Prime Fund portfolio to a blended benchmark that reflects the variety of investments in our portfolio.

This graph compares the yield on our Prime Fund portfolio to other leading indexes.

This graph compares the yield on our Prime Fund's repurchase agreements to the return of Garban-ICAP, a leading broker, as reported by Bloomberg.

This graph compares the yield on our Prime Fund's commercial paper to Direct Issuer Commercial Paper, as reported by Bloomberg.

This graph compares the yield on our Prime Fund's money market funds to the Money Fund Report Averages from iMoneyNet.

Each bar above the centerline shows instances where our Prime Fund return is greater than the respective benchmark.

Prime Fund Portfolio Benchmarks (PDF)
Prime Fund Investment Policy [updated 12/19/2007] (PDF)

FREE Adobe Reader 5.0 or higher required to view and download (PDF) documents.

Employ Illinois gives business owners access to capital to start or enhance their businesses with the help of low- interest rate loans.

Opportunity Illinois backs low-interest loans to consumers and community development agencies to improve the quality of life in Illinois.

Cultivate Illinois offers four financing options to help farmers secure low-interest loans to offset rising costs associated with farming.

Money Market and Prime Funds allow local government entities to pool their investments to gain a higher rate of return for their residents.

Online bill paying gives people with busy schedules a quick and convenient way to pay government bills and fees.