MLGIP The Maryland Local Government Investment Pool JANUARY
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MLGIP The Maryland Local Government Investment Pool JANUARY 3, 2013
MLGIP Presentation Overview January 3, 2013 • Investment Portfolio - Portfolio Profile - Investment Performance • Pool Statistics - Participation - Asset Size • Miscellaneous Items
MLGIP Investment Objectives Established: June, 1982 • To preserve the capital value of the dollars invested. • To provide a readily available source of daily liquidity. • To provide a competitive rate of return. 2
MLGIP Portfolio Profile December 31, 2012 First Tier Discount Commercial Paper U. S. Treasuries First Tier Repurchase Agreements 10% 4% 14% Money Market Mutual Funds 62% U. S. Government Obligations Shares Outstanding: Weighted Avg. Maturity: Overnight Liquidity: Net Rate (1 Day): $3, 380, 429, 482 47 Days 18%* 0. 13% 3
MLGIP Versus S&P Rated GIP Index Yield Comparison (%) 7 Day Yield Average MLGIP Advantage: 2 basis points MLGIP 0. 13% S&P Index 0. 10% 4
MLGIP Registered Participants 301 2012 5
MLGIP Annual Average Asset Size (in $) 2. 954 2012 6
MLGIP Miscellaneous Items • Annual Audit by Mc. Gladrey LLP • S&P’s MLGIP Pool Profile – AAAm Rating 9/24/12 • Upgraded Website Sign-In Security 8
MLGIP Mary Christine Jackman mcjackman@treasurer. state. md. us 410 -260 -7129
