Investment Report for March 2018

This report examines the performance of the public funds currently invested by the Will County Treasurer’s Office. This narrative covers investment activity and performance in March 2018.

Total Investment Portfolio

The county’s total holdings at the end of March had a market value of $353.2-million. Excluding cash, the Treasurer’s Office has invested $300.0-million (84.9%) across a variety of fixed income security types. The total portfolio has a Yield-to-Maturity of 1.543% with an average maturity of 2.9 years.

Benchmark Performance

The Will County Treasurer’s Investment Policy sets two benchmarks against which we compare the performance of our investments.

  1. The 90-Day Average of the 1-Year Jumbo Deposit National Rate as quoted by the FDIC
  2. The 90-Day Average of the 3-Year Treasury Note as quoted by the U.S. Treasury Department

We use these two benchmarks because they closely relate to the length of time we hold an investment.