Strategy & Performance
LGIP offers 100% liquidity to its participants.
Updated: July 27, 2021
Any public entity in the state may participate in the LGIP program. It is structured to provide participants safety of principal, daily liquidity followed by investment income — in that order.
Monthly LGIP performance is reviewed by the Board of Investment. Detailed reports can be viewed .
Pool 5
Pool 5 is a diversified short-term fund similar to a prime money market fund. As of March 31, 2020, this pool had $1.7 Billion in assets with a Net Asset Value of $1.00. The fund continues to maintain the highest rating from S&P (AAA f/S1+).
Pool 7
Pool 7 is a short-term fund that invests in only products backed by the full faith and credit of the United States Government. As of March 31, 2020, this pool had $1.68 Billion in assets with a Net Asset Value of $1.00. Because Pool 7 invests in securities backed by the U.S. Government, it has an AAA weighted average rating.
Pool 500
Pool 500 is a medium-term fund. As of March 31, 2020, this pool had $389 Million in assets and a Floating Net Asset Value of $1.0317. The weighted average rating of all the securities in this pool is AA-2.
Pool 700
Pool 700 is a full faith and credit medium-term fund. As of March 31, 2020, this pool had $127.3 Million in assets with a Floating Net Asset Value of $1.018. Because Pool 700 invests in securities backed by the U.S. Government, it has an AAA weighted average rating.
