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Colorado Statewide Investment Program

The Colorado Statewide Investment Program (CSIP or the Program) is an investment program that provides Colorado local governments with tools for meeting their cash flow and investment needs. The Program also offers educational resources, market reports and arbitrage rebate compliance services. Investments are offered through CSIP, a local government investment pool authorized under 24-75-701 et. seq. of the Colorado Revised Statutes.

CSIP offers a fully liquid, variable rate investment option known as the CSIP Liquid Portfolio, and the ability for participants to invest in shares of fixed-rate, fixed-term investments through the CSIP Term Portfolio. Investments in the CSIP portfolios seek to comply with those authorized under 24-75-601 et. seq. of the Colorado Revised Statutes.

Both the CSIP Liquid Portfolio and the Term Portfolio can be utilized for many types of government funds including general funds, operating funds, bond proceeds, debt service funds, operating reserves and debt service reserve funds. CSIP is managed by PFM Asset Management¹ (PFMAM), which has more than 40 years of experience managing local government investment pools.

CSIP Liquid Portfolio Highlights

A short-term portfolio rated AAAm by S&P Global² and AAAmmf by Fitch Ratings³
Daily liquidity
12:00 noon, Mountain Time, same-day wire transaction deadline
2:00 p.m. Mountain Time, next-day ACH transaction deadline
Online transaction and reporting access available all the time
No account minimum
Availability to establish multiple accounts and multiple standing wire and ACH instructions
Online transaction capability
Unlimited investments and redemptions
Arbitrage rebate compliance services for bond proceeds invested in CSIP

CSIP Term Portfolio Highlights

A fixed-rate, fixed-term portfolio rated AAAf by Fitch Ratings⁴
A variety of investment dates available to meet your specific cash flow needs

Investments offered for maturity dates from 60 days to one year

Investment principal and interest paid at maturity
12:00 noon Mountain Time, same-day investment deadline
Online reporting access available
$500,000 minimum initial investment, $100,000 subsequent minimum investment and $100,000 account minimum
Automatic sweep of principal and interest into the CSIP Liquid Portfolio

For More Information

To learn more about how CSIP can meet your needs, please contact us today.

1 PFM Asset Management is a division of U.S. Bancorp Asset Management Inc., CSIP’s investment adviser and administrator, that services public sector clients.

2 S&P Global AAAm Rating: S&P evaluates a number of factors, including credit quality, market price, exposure, and management. Please visit SPGlobal.com/Ratings for more information and ratings methodology.

3 Fitch AAAmmf Rating: portfolios with this rating denote the strongest capacity to achieve the investment objective of preserving principal and providing liquidity through limiting credit, market, and liquidity risk. Please visit fitchratings.com for more information and ratings methodology

4Fitch AAAf Rating: portfolios with this rating indicate having the highest underlying credit quality. Please visit fitchratings.com for more information and ratings methodology.

Updated Information Statement Available

An updated Information Statement, dated October 1, 2024, is now available for review. Please click here to access the document. If you have any questions, please email CSGMWW@pfmam.com.

Alert: Technical Issue

Due to a technical issue, the publication of monthly statements for fixed income separately managed accounts will be delayed. We are working to resolve this issue as soon as possible.

We apologize for any inconvenience. Should you have questions or require assistance, please contact your Relationship Manager or the Client Services Group.

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This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security. Investors should consider the investment objectives, risks, charges and expenses before investing in any of the Colorado Statewide Investment Pool (“CSIP”) portfolios. This and other information about the CSIP’s portfolios is available in the current Information Statement, which should be read carefully before investing. A copy of the Information Statement may be obtained by calling 1-855-274-7468 or is available on the CSIP’s website at www.csipinvest.com. While the CSIP Liquid Portfolio seeks to maintain a stable net asset value of $1.00 per share and the CSIP Term Portfolio seeks to achieve a net asset value of $1.00 per share at the stated maturity, it is possible to lose money investing in the CSIP. An investment in the CSIP is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Shares of CSIP are distributed by U.S. Bancorp Investments, Inc., member FINRA (www.finra.org) and SIPC (www.sipc.org). PFM Asset Management is a division of U.S. Bancorp Asset Management, Inc., which serves as administrator and investment adviser to CSIP. U.S. Bancorp Asset Management, Inc. is a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S. Bancorp. U.S. Bancorp Investments, Inc. is a subsidiary of U.S. Bancorp and affiliate of U.S. Bank N.A.