Why invest with NCIP?

The North Carolina Investment Pool (the NCIP or Pool) is a commingled local government investment pool established to invest idle funds in various short-term investments in accordance with North Carolina General Statute 159-30. NCIP is duly authorized under North Carolina General Statute 159-30(c)(10). It was created by an interlocal agreement established under North Carolina General Statute 160A-461 through 464, and is administered by a statutorily compliant trust for the benefit of North Carolina units of local government.

 

 

Fund Highlights

NCIP Liquid Portfolio Highlights

  • A short-term portfolio rated AAAm by S&P Global1 and AAAmmf by Fitch Ratings2
  • Daily liquidity  
  • 2 p.m. ET same-day wire transaction deadline  
  • No account minimum  
  • Availability to establish multiple accounts  
  • Unlimited purchases and withdrawals
  • Online transaction and reporting access available 24/7 with Connect

Fund Highlights

NCIP Term Portfolio Highlights

  • Fixed rates on maturities ranging from 60 days to one year
  • Portfolio rated AAAf by Fitch Ratings3
  • Minimum investment of $1,000,000
  • Noon ET deadline for same-day investments
  • Principal and dividend paid at maturity
  • Investments made from your NCIP Liquid Portfolio account and sweep back into it to help ensure funds are always invested
  • Can help you plan around interest income streams
  • Offers opportunity to lock in competitive interest rates
  • Online transaction and reporting access available 24/7 with Connect

This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security. Participants should consider the North Carolina Investment Pool’s (“NCIP” or the “Pool”) investment objectives, risks, charges, and expenses before investing in the Pool. This and other information about the Pool is available in the Pool's current Information Statement, which should be read carefully before investing. A copy of the Pool's Information Statement may be available by calling 1-833-736-NCIP (1-833-736-6247) or is available on the Pool's website at www.investncip.com. While the NCIP Liquid Portfolio seeks to maintain a stable net asset value of $1.00 per share, and the NCIP Term Portfolio seeks to achieve a net asset value of $1.00 per share at its stated maturity, it is possible to lose money investing in the Pool. An investment in the Pool is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Shares of the Pool are distributed by U.S. Bancorp Investments, Inc., member FINRA (www.finra.org) and SIPC (www.sipc.org). PFM Asset Management is a division of U.S. Bancorp Asset Management, Inc., which serves as administrator and investment adviser to the Pool. U.S. Bancorp Asset Management, Inc. is a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S. Bancorp. U.S. Bancorp Investments, Inc. is a subsidiary of U.S. Bancorp and affiliate of U.S. Bank N.A.

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