Tailored for local agencies and their investment needs:
Our Three Pillars for Success:
We understand that public dollars must be managed securely and efficiently. The CalTRUST Board, comprised of experienced investment officers and policy makers, works closely with our investment manager, BlackRock, to ensure that our Investment Policy is in full compliance with California Government Code 53601 and 53605. Each of our funds seeks to attain as high a level of current income as is consistent with preservation of principal and aligned with the public agency funds guidepost of Safety, Liquidity, and Yield.
Safety
Our primary objective is to safeguard the preservation of principal, ensuring that our Investment Policy is consistent with California law.
Liquidity
Our fund choices offer same-day, next-day, and three-day liquidity to meet your needs.
Yield
Our funds consistently outperform our benchmarks as we maximize yield as best possible consistent with safety and liquidity.
Five great account options to choose from
Select the funds that best match your investment time horizon and cash flow needs.
Participants can easily reallocate among accounts as those needs change.
Liquidity
With a target duration of 60 days, this ultra-short fund provides same-day liquidity.
Short Term
With a target duration of 0-2 years, this fund provides same-day liquidity.
Medium Term
With a target duration of 1-3 years, this fund provides three-day liquidity.
ESG Money Market
As an institutional prime fund, LEAF provides same-day liquidity with environmentally conscious investments.
Government
As an institutional government fund, the FedFund provides same-day liquidity.
A Global Leader
Our Partnership with Blackrock puts us in a unique position
BlackRock was retained in 2017 as the exclusive Investment Manager for CalTRUST. BlackRock partners with their cash clients to help find the right investment solutions to meet their unique liquidity needs. Over multiple interest rate cycles and varying market conditions, BlackRock has managed cash portfolios for corporations, banks, foundations, insurance companies and public funds. As a leader in this asset class, BlackRock has US$402.6 billion* in global liquidity assets across multiple currencies. With one of the most experienced teams in the industry, BlackRock is able to offer clients an investment approach that has been tested through time and a variety of solutions designed to meet the needs of today’s cash investor.
We make participation easy!
Local agencies can invest with CalTRUST directly with no hassle.
No need for a city council or board resolution to join the JPA. Any California local agency may participate in CalTRUST.