WGIF
Managed by PFM Asset Management LLC
 
User Name
Password
 

Frequently Asked Questions

How do I send the funds to WGIF for the initial investment? 

How do I withdraw from my WGIF account? 

How do I invest my Bond proceeds with WGIF? 

What are my options for transferring funds electronically? 

How can I check my account balance? 

Can I obtain account information online? 

What is arbitrage? 

What are the arbitrage spending requirements for the 6-,18-, and 24-Month Exceptions? 

Can I fill out my registration forms online? 

How do we change our authorized representatives for an account? 

 

Q. How do I send the funds to WGIF for the initial investment? 

A: Before wiring funds, you must complete and have signed all necessary documentation to open a WGIF account. When the account is opened, please notify us of the amount to be sent and the name of the bank sending the funds. If you are purchasing shares by Federal Funds or wire, you must report the purchase by 11:00 a.m. Mountain Time for same day credit. If you are purchasing shares by Automatic Clearing House you must report your request by 2:00 p.m. Mountain Time for next day purchase.
Top of Page  

 

Q: How do I withdraw from my WGIF account? 

A: A Participant may withdraw funds from any account by either (i) initiating a requisition for a wire transfer or ACH transfer online, (ii) telephoning 1-866-249-WGIF (1-866-249-9443), or (iii) writing a check to a third party (if they have a WGIF checking account).
Top of Page  

 

Q: How do I invest my Bond proceeds with WGIF? 

A: Contact WGIF’s Distribution Agent, Joan Evans at George K. Baum & Company. Before the closing date, return completed registration forms with bond documents (Official Statement, Non-Arbitrage Certificate, Closing Memorandum, Trust Indenture, Resolution) via mail or fax to WGIF’s Distribution Agent, Joan Evans at George K. Baum & Company (telephone: 1-800-442-2861) (fax: 307-634-5713). Please notify us of the amount to be sent and the name of the bank sending the funds.
Top of Page  

 

Q. What are my options for transferring funds electronically? 

A: There are two options for electronic funds transfer available to WGIF Participants:

Same Day Wire Transfer – Funds can be transferred by wire to or from a WGIF account. For incoming transfers, you must instruct your financial institution to send the funds to WGIF. For outgoing transfers, the WGIF Client Services Team will initiate the transfer. In either case, WGIF must be notified by 11:00 a.m. Mountain Time in order for the funds to transfer/credit the same day. WGIF has no service charge or fee for this service.

Next Day Transfer – Next Day Transfer utilizes the Federal Reserve’s Automated Clearing House (ACH) system. Funds are transferred overnight and are available in the designated account the next business day. Requests to transfer funds must be received by WGIF via phone, fax, or online account access by 2:00 p.m. Mountain Time. The Next Day Transfer Form must be completed in advance and takes approximately ten (10) business days to process.
Top of Page  

 

Q. How can I check my account balance? 

A. View your account information online or contact a WGIF representative at 1-866-249-WGIF (1-866-249-9443).
Top of Page  

 

Q. Can I obtain account information online? 

A. Account information is available through the EON Account Access link on this website. If you are a first time user, please submit a Contact Record Form. Once received by the Fund, please allow two business days for setup and then you may begin accessing your account information.
Top of Page  

 

Q. What is arbitrage? 

A: Arbitrage is the profit from investing tax-exempt debt financing proceeds in higher yielding taxable securities. These excess earnings must be rebated to the federal government unless certain requirements are met. For further information on arbitrage, click here to go to Participant Resources.
Top of Page  

 

Q. What are the arbitrage spending requirements for the 6-,18-, and 24-Month Exceptions? 

A: In order to qualify for exemption from rebate under the 6-month spending exception, all gross proceeds and investment earnings thereon must be spent within 6 months of the issue date.

The 18-month exception requires that all proceeds and investment earnings thereon be spent as follows:

  • 15% within 6 months of the issue date
  • 60% within 12 months of the issue date
  • 100% (less "reasonable retainage") within 18 months of the issue date

The 24-month exception applies only to construction issues, and requires that all available construction proceeds be spent as follows:

  • 10% within 6 months of issue date
  • 45% within 12 months of issue date
  • 75% within 18 months of issue date
  • 100% (less "reasonable retainage") within 24 months of issue date

Top of Page  

Q. Can I fill out my registration forms online? 

A: Yes, you can complete the registration forms online in order to expedite the information delivery. However, you must print the completed forms and have appropriate individuals sign the forms and forward original documents to WGIF’s Distribution Agent, Joan Evans at George K. Baum & Company, by mail.

Mail Originals to: Wyoming Government Investment Fund ▪ 1720 Carey Avenue, Suite 520 ▪ Cheyenne, WY 82001
Top of Page  

 

Q. How do we change our authorized representatives for an account? 

A: To update authorized representatives, please complete a Permissions Form.  If the person you are authorizing is a new contact with the Fund, please complete a Contact Record Form in addition to the Permissions Form.
Top of Page  

 


 

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).

  

Copyright 2017, All Rights Reserved