The Federal Reserve
Understanding the Role of the Federal Reserve: A Comprehensive Overview The Federal Reserve, often referred to as “The Fed,” has emerged as a central figure in the economic narrative of
Prime-style local government investment pool
Current and historical rate information
Getting started is easy; join today and start earning tomorrow!
The purpose of North Carolina CLASS is to provide the opportunity to conveniently invest funds on a cooperative basis in short-term investments that are carefully selected and aim to provide safety and liquidity while prioritizing yields.
“North Carolina CLASS was created in response to a growing demand by North Carolina governmental entities for a liquidity option that is governed by a Board of their peers. Operating with the best interests of the Participants in mind, the fund is an investment option and diversification tool for your short-term investments. North Carolina CLASS offers a safety-first investment management option with transparent program governance.”
– Drew Holland, North Carolina CLASS Board of Trustees Chairperson
Comprised of public finance officials with diverse skill sets, experiences, and backgrounds to better guide your investments
Daily Yield (%) | 5.3856 |
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YTD Yield (%) | 5.4402 |
7-Day Yield (%) | 5.3962 |
30-Day Yield (%) | 5.4106 |
Weighted Average Maturity (To Reset) | 23 |
Weighted Average Maturity (To Final) | 73 |
Daily Dividend | 0.000147147 |
Net Asset Value (NAV) | 0.99983970 |
Introduced in 2023, North Carolina CLASS Prime is an option for your every-day funds. The prime-style fund is a stable $1.00 NAV local government investment pool that offers daily liquidity. Investments are made in accordance with North Carolina State Code and include U.S. Agencies and Treasuries, commercial paper, collateralized bank deposits, and more.
North Carolina CLASS provides local governments the opportunity to pool their funds together with the goal of collectively earning interest on investments. Our philosophy is to provide competitive returns while focusing on safety and liquidity. North Carolina CLASS provides a comprehensive approach to the management of your funds. Joining is simple; click the button below to get started today!
Understanding the Role of the Federal Reserve: A Comprehensive Overview The Federal Reserve, often referred to as “The Fed,” has emerged as a central figure in the economic narrative of
April 2024 Economic Review In December, the Federal Reserve turned its focus towards potential rate cuts in 2024 as inflation continued its steady decline towards the policymaker’s 2 percent target.
Raleigh, North Carolina – April 19, 2024 – North Carolina CLASS, the newest local government investment pool available to North Carolina units of local government, and the North Carolina League
Data unaudited. Performance results are shown net of all fees and expenses and reflect the reinvestment of dividends and other earnings. Many factors affect performance including changes in market conditions and interest rates and in response to other economic, political, or financial developments. Investment involves risk including the possible loss of principal. No assurance can be given that the performance objectives of a given strategy will be achieved. Past performance is no guarantee of future results. Any financial and/or investment decision may incur losses. For more information on historical yields and performance, please click here.