MLGIP The Maryland Local Government Investment Pool JANUARY 3, 2013.

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Presentation transcript:

MLGIP The Maryland Local Government Investment Pool JANUARY 3, 2013

MLGIP Investment Portfolio - -Portfolio Profile - -Investment Performance Pool Statistics - -Participation - -Asset Size Miscellaneous Items January 3, 2013 Presentation Overview

MLGIP 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. MLGIP Investment Objectives Established: June,

MLGIP 3 Portfolio Profile December 31, % First Tier Repurchase Agreements 62% U.S. Government Obligations First Tier Discount Commercial Paper 10% 14% Money Market Mutual Funds Shares Outstanding:$3,380,429,482 Weighted Avg. Maturity: 47 Days Overnight Liquidity: 18%* Net Rate (1 Day) : 0.13% U.S. Treasuries 4%

MLGIP MLGIP Versus S&P Rated GIP Index Yield Comparison MLGIP S&P Index (%) 7 Day Yield % 0.10% Average MLGIP Advantage: 2 basis points

MLGIP Registered Participants

MLGIP Annual Average Asset Size (in $)

MLGIP Miscellaneous Items Annual Audit by McGladrey LLP S&P’s MLGIP Pool Profile – AAAm Rating 9/24/12 Upgraded Website Sign-In Security 8

MLGIP Mary Christine Jackman