Wake Me Up When September’s (FOMC Meeting) Ends
August 2024 Economic Review All eyes are on the Fed as investors wait to see whether the U.S. central bank will cut interest rates in September after years of elevated
Prime-style local government investment pool
Enhanced cash local government investment pool
Current and historical rate information
Getting started is easy; join today and start earning tomorrow!
The purpose of FLCLASS is to provide the opportunity to conveniently invest funds on a cooperative basis in short-term investments that are carefully selected aiming to provide safety and liquidity while prioritizing yields.
“FLCLASS was created in response to a growing demand by Florida governmental entities for a liquidity option that is governed by a Board of their peers. Operating with the best interests of the Participants in mind, the fund is an investment option and diversification tool for your short-term investments. FLCLASS offers a safety-first investment management option with transparent program governance.”
– Ken Burke, Chairman of the FLCLASS Board of Trustees
Comprised of public finance officials with diverse skill sets, experiences, and backgrounds to better guide your portfolio investments
Introduced in 2015 as an option for your everyday funds, the FLCLASS fund is a stable $1.00 NAV local government investment pool that offers daily liquidity. Investments are made in accordance with Florida State Law and include U.S. Agencies and Treasuries, repurchase agreements, collateralized bank deposits, money market funds, and more.
Introduced in 2021, FLCLASS Enhanced Cash is a variable NAV fund that is managed to approximate a $10.00 per share and offers next-day liquidity. Complement your current investments with Enhanced Cash by gaining exposure to a diversified portfolio of high-quality securities for your local government’s investment needs. Enhanced Cash is designed for investors with slightly longer investment horizons
FLCLASS provides local governments of all types the opportunity to pool their funds together with the goal of collectively earning interest on investments. Our philosophy is to provide competitive returns while prioritizing safety and liquidity. With two portfolios designed to suit your varying investment needs, FLCLASS provides a comprehensive approach to the management of your funds. Joining is simple; click the button below to get started today!
August 2024 Economic Review All eyes are on the Fed as investors wait to see whether the U.S. central bank will cut interest rates in September after years of elevated
July 2024 Economic Review Inflation has finally shown signs of cooling, with the month-over-month consumer price index lowering 0.1% in June, bringing the year-over-year figure to 3.0%, a decrease from
June 2024 Economic Review With measures of inflation remaining above its 2% target, the Federal Open Market Committee (FOMC) continued its approach to keep rates higher for longer at its
Data unaudited. Performance results are shown net of all fees and expenses and reflect the reinvestment of dividends and other earnings. Many factors affect performance including changes in market conditions and interest rates and in response to other economic, political, or financial developments. Investment involves risk including the possible loss of principal. No assurance can be given that the performance objectives of a given strategy will be achieved. Past performance is no guarantee of future results. Any financial and/or investment decision may incur losses. For more information on historical yields and performance, please click here.