Investment Services
by and for
North Carolina Units of Local Government

Current Yield

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), 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 and governed by a board of trustees comprised of representatives of those Units of Local Government.  NCIP was created under the trust to pool and invest funds of the participating Units of Local Government to take advantage of economies of scale to increase investment options for idle funds. 

Click here to invest in NCIP.

NCIP offers a range of services to assist Units of Local Government with their investment and arbitrage compliance needs and can be used for many types of government funds including general funds, operating funds, bond proceeds, debt service funds, operating reserves and debt service reserve funds. To learn more about NCIP, its objectives and hot it aims to aid its participants, review the various educational materials available. 

NCIP Liquid Portfolio Highlights  

• A short-term portfolio rated AAAm by Standards & Poors¹ and AAAmmf by Fitch Ratings¹
• Daily liquidity  
• 1:00 p.m. Eastern Time, same-day wire transaction deadline  
• Online transaction and reporting access available 24/7 
  
• No account minimum  
• Availability to establish multiple accounts  
• Unlimited purchases and withdrawals
• Arbitrage rebate compliance services for bond proceeds invested in NCIP     

Click here to view the NCIP Fact Sheet.

¹Rated AAAm by Standard & Poor's ("S&P") and AAAmmf by Fitch Ratings ("Fitch"). S&P's fund ratings are based on analysis of credit quality, market price exposure, and management. According to S&P's rating criteria, the AAAm rating signifies excellent safety of investment principal and a superior capacity to maintain a $1.00 per share net asset value. The Fitch AAAmmf rating reflects Fitch's review of the fund's overall credit quality and diversification and low exposure to interest rate and spread risks as well as the capabilities and resources of PFM Asset Management LLC as investment adviser. According to Fitch's rating criteria, the AAAmmf rating signifies an extremely strong capacity to achieve the fund's investment objective of preserving principal and providing shareholder liquidity through limiting credit, market, and liquidity risk. However, it should be understood that these ratings are not "market" ratings nor a recommendation to buy, hold or sell the securities. For a full description on rating methodology, visit  Standard & Poor's and www.fitchratings.com. 

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 (6247) or is available on the Pool's website at www.investncip.com. While the Pool seeks to maintain a stable net asset value of $1.00 per share, 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 PFM Fund Distributors, Inc., member Financial Industry Regulatory Authority (FINRA) (www.finra.org) and Securities Investor Protection Corporation (SIPC) (www.sipc.org). PFM Fund Distributors, Inc. is an affiliate of PFM Asset Management LLC.

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