POOLS
Five pools, endless growth.
Preferred Deposit
Our Preferred Deposit Pool (PDP) offers a combination of prudent cash management and the ability to generate interest income. This pool is a strong choice for when you want to maximize yield while protecting your principal with FDIC-insured bank deposits and qualified public deposit accounts. This pool also provides same-day liquidity.
Cash
With the VA MINT Cash Pool, local governments have access to a hybrid approach that allows for portfolio management team flexibility in managing current conditions as well as the portfolio’s duration. It functions as a high-quality money market account designed especially to maximize yield, preserve principal and maintain liquidity.
Enhanced Cash
The Enhanced Cash Pool is best for cash reserves and proceeds that are not allocated for day to day funds. Our portfolio management team attempts to minimize price fluctuations and tactically adjusts the portfolio’s duration to address changes in money markets. This pool offers next day liquidity, interest income, and preservation of capital.
Select Cash
The Select Cash Pool offers diversification through multiple asset classes. It has a different duration strategy from either the Cash Pool or the Enhanced Cash Pool. The Select Cash Pool seeks to minimize volatility while providing next day liquidity, interest income, and preservation of principal. This is an efficient approach for local governments that want a longer-term strategy without managing a separate account.
Choice
The VA MINT Choice Pool provides each participant in the pool with a fixed-rate investment that has a fixed maturity between sixty days and one year. Participants in the pool can determine their own maturity date to match their needs and will be provided a daily rate sheet with projected yield indications for the varied fixed maturity ranges. Yields can change daily.
Performance
Performance data quoted are based on net returns and represents past performance and does not guarantee future results. Net returns for the Pools are net of actual expenses, including transaction costs and accruals for legal and audit fees, management fees, and other. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the pools may be lower or higher than the performance quoted.
Fact Sheets
Please use the following links to access the most recent fact sheets for each of the VA MINT pools:
FACT SHEET
FACT SHEET
FACT SHEET
Fitch Rating Profiles
Fitch Assigns ‘AAAf’ Rating to VA MINT Choice Pool, click here to read (PDF)
Please use the following links to access the most recent Fitch Ratings profiles for each of the rated VA MINT pools:
FACT SHEET
FACT SHEET
FACT SHEET