Markets Digest Election Results
November 2024 Economic Review Donald Trump won the 2024 presidential election and will return to the White House with a Republican majority in both the Senate and the House of
The Michigan CLASS Participant Portal will be unavailable this Saturday, December 7, from 9:00 a.m. to 3:00 p.m. ET for routine maintenance. We apologize for the inconvenience.
Prime-style local government investment pool
Enhanced cash local government investment pool
Current and historical rate information
A monthly breakdown of the Michigan CLASS portfolio
Getting started is easy; join today and start earning tomorrow!
Michigan CLASS strives to offer public agencies in Michigan a safe, liquid, and competitive investment option. Michigan CLASS welcomes legal public entities without favor to one type. The Board membership represents the diversity of such agencies and works to maintain a product that services the needs of Michigan public agencies.
“On behalf of the Board of Trustees and Public Trust Advisors, LLC, our Investment Advisor and Administrator, I am pleased to welcome you to the Michigan CLASS website! As always, we are committed to providing an exceptional investment experience that strives to provide safety, liquidity, and competitive earnings to Participants. For more than 30 years, Michigan CLASS had operated as a local government investment pool in the state of Michigan to help meet the investment needs of Michigan public agencies and school districts.”
– Edward Sell, Chairman of the Michigan CLASS Board of Trustees
Comprised of public finance officials with diverse skill sets, experiences, and backgrounds to better guide your portfolio investments
Introduced in 1991 as an option for your everyday funds, the Michigan CLASS fund is a stable $1.00 NAV local government investment pool that offers daily liquidity. Investments are made in accordance with Michigan State Law and include U.S. Agencies and Treasuries, repurchase agreements, collateralized bank deposits, money market funds, and more.
Introduced in 2022, Michigan CLASS EDGE 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 EDGE by gaining exposure to a diversified portfolio of high-quality securities for your local government’s investment needs. EDGE is best suited for funds that do not need to be withdrawn or redeemed until a more distant point in the future .
Michigan CLASS provides public agencies 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, Michigan CLASS provides a comprehensive approach to the management of your funds. Joining is simple; click the button below to get started today!
November 2024 Economic Review Donald Trump won the 2024 presidential election and will return to the White House with a Republican majority in both the Senate and the House of
October 2024 Economic Review U.S. inflation, as measured by the Consumer Price Index (CPI), showed mixed results in its most recent September reading. Both core inflation (which excludes volatile food
September 2024 Economic Review The September FOMC meeting resulted in a half-point interest rate cut, the first rate reduction since March 2020, that lowered the federal funds rate to between
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.