The Iowa Public Agency Investment Trust (IPAIT), started in 1987, provides one daily liquid portfolio; the Diversified Fund, as well as fixed rate investments through the IPAIT Fixed Term Automated (FTA) Program. Our Diversified Fund portfolio is rated ‘AAAm’ under S&P Global Ratings’ principal stability fund ratings.
Even as IPAIT has grown to over 400 participants, our three investment objectives have remained constant:
1. Safety of Principal 2. Liquidity 3. Yield