Key Features

• Authorized investment under Florida law, F.S. 218.415 (16) (a). The Florida Trust is an intergovernmental investment pool created by interlocal agreement under F.S. 163.01.
• Launched in 1992 and sponsored by the Florida Court Clerks and Comptrollers and the Florida Association of Counties.
• Short Term Bond Fund New Account Form
• AAAf/ S1 rated by Fitch Ratings' Agency and structured to maintain liquidity, safety of principal, and maximize available yield through a balance of quality and diversification. Press release of latest rating affirmation can be found here.
• Invests primarily in U.S. Treasuries, Mortgages, Commercial Paper, Government Related Securities, Asset-Backed Securities rated AAA or A-1, and Corporate Bonds rated A or better by Fitch Ratings'
• Variable Net Asset Value (NAV)—The fund will provide return in the form of share value; the NAV will fluctuate in value based on market conditions.
• Next day liquidity: Withdrawal requests received by 2:00pm EST will be available in your account by the end of next business day.
• Online Account Access – Secure access to manage your account(s) and execute transactions via UMB’s online portal.
• This fund is designed to provide an investment diversification option, specifically to meet the short-term investment needs of Florida local governments. (e.g., bond proceeds, project funds, cash reserves).