WGIF
Managed by PFM Asset Management LLC
 
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About The Fund > Additional Products (Authorized by the Board of Trustees)

The WGIF Board of Trustees authorizes PFMAM, the Investment Adviser of the Fund, to offer additional products to WGIF Participants. These additional programs remain separate from the investment programs encompassed by the Fund:

Fixed-Income Investment Program 

This program enables WGIF Participants to individually invest in government securities, certificates of deposit ("CDs"), and other fixed income investment permitted by Wyoming law. Details:

  • Participants receive advice on the purchase of individual investments to meet specific needs.
  • Asset are held in the Participant's name at U.S. Bank, N.A., (excluding CDs), with the cost paid by PFMAM.
  • All investments are quoted in both gross and net rates, in full disclosure of investment advisory fees.

PFMAM, WGIF’s Investment Adviser, offers investment advice on a non-discretionary basis and assists Participants in the purchase of these investments for an advisory fee.

Individually Managed Portfolios 

In addition to the Fund, WGIF offers Participants the option to have an individual portfolio managed to meet the public entity's specific investment objectives. An individually managed portfolio provides a public entity with:

  • The investment advisory resources of PFMAM, a leading investment advisory firm serving the public sector;
  • Investments tailored to meet the public entity's liquidity needs or specific draw schedule;
  • Professional portfolio management to enhance earnings and manage risk;
  • Investment purchases determined by the public entity's investment policy or bond documents;
  • Competitive shopping for every security to seek the most favorable price and execution;
  • Third-party custody of all assets;
  • Investment management and custody services at a reasonable cost; and
  • Assets are held in the Participant's name at U.S. Bank N.A. with the cost paid by PFMAM.

Individually managed portfolios are automatically linked to the Participant's WGIF account so that maturities and coupon payments are invested at all times. Individually managed investment portfolios, which are not a part of the Fund, are available under a separate agreement with PFMAM.

BAM Program 

With the BAM Program, the Investment Adviser provides a Participant with some or all of the following:

  • Creation of a comprehensive investment strategy and portfolio for proceeds of tax-exempt and taxable financings;
  • Disbursement needs for the bond financed project;
  • Arbitrage rebate services for proceeds of tax exempt borrowings; and
  • Investment policy review and development, cash flow modeling, and cash management services.

The fees for the BAM Program are negotiated directly by the Investment Adviser with the Participants and determined after a review of various factors.

For more detail on the above programs, contact Joan Evans at George K. Baum & Company, Distribution Agent. 


 

Nothing contained herein represents an offer to buy or sell, or a solicitation of an offer to buy or sell, any fund or any other security. This information is for institutional investor use only, not for further distribution to retail investors.  Before investing, each investor is advised to evaluate the investment objectives, risks, charges, fees and expenses of the Wyoming Government Investment Fund ("WGIF"). These data and other information are available in the Fund's current Information Statement, which should be read carefully before investing. A copy of the Fund's current Information Statement may be obtained by calling the Fund's Distribution Agent at 1-800-442-2861; and is available on the Fund's website (www.wgif.org). While the WGIF Liquid Asset Series seeks to maintain a stable net asset value of $1.00 per share and each WGIF Fixed Term Series seeks to achieve a net asset value of $1.00 per share at its stated maturity, it is possible to lose money investing in WGIF. An investment in WGIF is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The WGIF's Distribution Agent is George K. Baum & Company, member Financial Industry Regulatory Authority (FINRA) (www.finra.org) and member Securities Investor Protection Corporation (SIPC) (www.sipc.org).

  

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