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City of Sacramento Pool A
City Pool A is invested pursuant to the objectives and requirements set forth in the City's investment policy . The three objectives of the investment policy, in order of priority, are (1) the preservation of capital by the investment in safe instruments, (2) the liquidity needs of the City and pool participants so such parties will have access to cash when they need it, and (3) the maximizing of current income while remaining consistent with the other more important objectives. The City’s investment policy incorporates applicable provisions of state law including, among other things, the prudent person standard and California Code Section 53601 pertaining to eligible investments.
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Performance Comparison
| Month | Pool A | LAIF |
|---|---|---|
| Oct-23 | 2.69% | 3.67% |
| Nov-23 | 2.61% | 3.84% |
| Dec-23 | 2.60% | 3.93% |
| Jan-24 | 2.79% | 4.01% |
| Feb-24 | 2.90% | 4.12% |
| Mar-24 | 2.76% | 4.23% |
| Apr-24 | 2.87% | 4.27% |
| May-24 | 2.93% | 4.33% |
| Jun-24 | 3.05% | 4.48% |
| Jul-24 | 3.07% | 4.52% |
| Aug-24 | 3.00% | 4.58% |
| Sep-24 | 2.99% | 4.58% |
| Oct-24 | 2.85% | 4.52% |
| FYTD | 2.98% | 4.55% |
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