A
JOINT
POWERS
AUTHORITY
INVESTMENT
POOL
California
CLASS
provides
Part icipant s
t he
following
benefit s:
Portfolio
Type
Prime-style
fund
Enhanced
cash
Purpose
Operating
Funds
Strategic
Reserves
Rating
'AAAm'
'AAAf/S1'
Min/ Max
Investment
None
None
Withdrawals
Unlimited
Unlimited
Investment
Horizon
Day-to-Day
12-18
Months
Liquidity
Same-Day
Next-Day
WAM
?
60 days
90-200
days
Net
Asset
Value
(NAV)
Stable
$1.00
per
share
Variable
$10.00
per
share
Client-First
&
User-Friendly
Cash
Management
Solutions
Designed
for
California
Public
Agencies
of
All
Sizes
Prime
Enhanced
Cash
Fund
Option
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.
California
CLASS
is
not
a
bank.
An
investment
in
California
CLASS
is
not
insured
or
guaranteed
by
the
Federal
Deposit
Insurance
Corporation
or
any
other
government
agency.
Although
California
CLASS
seeks
to
preserve
the
value
of
your
investment
at
$1.00
per
share,
it
cannot
guarantee
it
will
do
so.
Please
review
the
California
CLASS
Information
Statement
before
investing.
Past
performance
is
no
guarantee
of
future
results.
Any
financial
and/or
investment
decision
may
incur
losses.
California
CLASS
is
rated
'AAAm'
by
S&P
Global
Ratings.
A
?AAAm?
rating
by
S&P
Global
Ratings
is
obtained
after
S&P
evaluates
a
number
of
factors
including
credit
quality,
market
price
exposure,
and
management.
For
a
full
description
on
rating
methodology,
please
visit
www.spglobal.com
.
California
CLASS
Enhanced
Cash
is
rated
'AAAf/S1'
by
FitchRatings.
The
?AAAf?
rating
is
Fitch?s
opinion
on
the
overall
credit
profile
within
a
fixed-income
fund/portfolio
and
indicates
the
highest
underlying
credit
quality
of
the
pool?s
investments.
The
?S1?
volatility
rating
is
Fitch?s
opinion
on
the
relative
sensitivity
of
a
portfolio?s
total
return
and/or
net
asset
value
to
assumed
changes
in
credit
spreads
and
interest
rates.
The
?S1?
volatility
rating
indicates
that
the
fund
possesses
a
low
sensitivity
to
market
risks.
For
a
full
description
on
rating
methodology,
please
visit
www.fitchratings.com
.
Ratings
are
subject
to
change
and
do
not
remove
credit
risk.
Convenient,
modern
transaction
portal
Dedicated
client
service
team
equally
committed
to
all
California
public
agencies
Portfolios
managed
in
accordance
with
California
Government
Code
Transparent
governance
by
Board
of
Trustees
Portfolios
marked-to-market
with
net
asset
value
and
yields
posted
to
website
daily
Learn
more
about
building
an
optimal
liquidity
portfolio
for
your
public
agency;
contact
us
today.
Bob
Shull
Director,
Investment
Services
[email protected]
(213)
378-2070
Laura
Glenn,
CFA
®
Senior
Director,
Investment
Services
l
[email protected]
(404)
822-8287
Brent
Turner
Regional
Director
of
Strategy
brent.turner@c
aliforniaclass.com
(303)
999-8190
Rodrigo
Bettini
Director,
Investment
Services
[email protected]
(813)
820-0703
www.californiaclass.com
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