FLORIDA FIXED INCOME TRUST Good morning. I am Heather Bordali with The Center for the Advancement of Health IT. Matching Cash Flows and Investment Solutions Florida Association of Special Districts Jeff Huenink FLORIDA FIXED INCOME TRUST

Specializes in short term fixed income management and advice Managed billions in public funds FL-FIT Advisors SEC registered Based in Tampa, FL Entire team is Florida-based Catering to the needs of local government since 2000

What is FL-FIT? Local Government Investment Pool Complies with all FL statutes Matches your time horizons with investment solutions Multiple portfolios making investing easy

Director/Partner Government Relations Key Stakeholders Portfolio Managers Brent Wertz Brian McMillin Board of Directors Andrew Jacobsen: Pinellas County Schools Admin E.H. Levering Miami-Dade College Stan Nichols: Santa Rosa County Tax Collector’s Office Randy Beach: Wakulla County School District Director/Partner Government Relations Jeff Huenink

How Is FL-FIT Different? Efficient model of LGIP Keep investing simple No direct fees Automatic diversification without the hassle of multiple accounts Ability to instantly re-balance portfolios for asset stability in changing markets Quickly react to rate environments Tailor your time horizons with safe performing investments

Preferred Deposit Program Stable NAV $40-$50 million in capacity per tax id Current rate = 0.45% Next day liquidity FDIC Insured Preferred Deposit Portfolio FDIC Insured Deposits *Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted.

Preferred Deposit Program Advantages Stability Safety Yield Liquidity Diversification Relationship Easy-to-use How it works Preferred Deposit Program & Partners Bank F Bank D Bank C Bank A Bank B Bank E

Commercial Paper Portfolio Credit Quality A portfolio suitable for short-term cash investments. A cash enhanced portfolio with next day liquidity Standard & Poor’s AA rated A1 A3 A2 Maturity Distribution Under 1 1-3 3-6 6-9 months *Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted.

Enhanced Cash Portfolio A portfolio suitable for investments seeking low volatility of net asset value while providing a positive holding period returns for time horizons of 90 days or greater Standard & Poor’s AA rated *Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted.

1-3 Year Portfolio A portfolio suitable for investments between 1 and 3 years Standard & Poor’s AA rated Next day liquidity

FL-FIT Performance 10/17/16 *Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted.

Wertz York Capital Investment Process Investment Strategy Portfolio Construction Security Selection Trade Execution Adjust & Rebalance Risk Management & Compliance

Organization FL-Fit (Board of Trustees) Shareholders TD Bank Wertz York Capital John Lively (Legal) CRI Auditor FL-FIT EC PDP CP FL-FIT CP

Disclaimer *Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted.

Thank You