Frequently Asked Questions

• How do we know our investments will be safe?
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    To minimize credit risk, the investments for both funds are confined to those of the highest credit quality: treasuries, agency securities, instrumentalities, and other securities collateralized with treasury/agency securities.

• Will our investments be easily accessible?
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    The Investment Trust investment portfolio is limited to securities having a maximum effective maturity of     five years from the date of purchase. The portfolio has a weighted average maturity of 2.41 years. 
    The Day to Day Fund investment portfolio is very liquid and has a weighted average maturity of less than 50 days.
    
    Each of these funds have investments with relatively short maturities, high quality and typically experience minimal price fluctuations.  Ready markets exist for liquidating each fund's investments.

• Does the Florida Trust borrow money?
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    The Florida Trust does not borrow money or incur indebtedness, except that it may incur and pay operating expenses.

• Will our investments be lent to other firms?
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    The Florida Trust does not lend its money, except to the extent that the Trust makes authorized investments.

• What the details of your repurchase agreement?
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    Repurchase agreements are fully collateralized by obligations of the United States or its agencies or instrumentalities at 102% of market value.

• What are the qualifications of your investment advisors?
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    The Trust is required to select an experienced investment advisor specializing in the low volatility, fixed income market.