TERM SERIES II (TS II) is a pooled investment portfolio that is designed to provide a fixed rate of return while prioritizing capital preservation, liquidity at Planned Redemption Date, and competitive yields through investments in Permitted Investments approved by the MNTrust Board of Trustees. |
Permitted Investments include highly rated investment vehicles such as obligations of the U.S. government and its agencies and instrumentalities, commercial paper, bankers’ acceptance, negotiable certificates of deposits, insured or collateralized certificates of deposits, interest-bearing time deposits, and investments allowed by law and approved by the program’s board. Investments not authorized by Minnesota Law are prohibited in any TS II portfolio. |
TS II allows participants to invest in shares of TS II on certain dates and to select a Planned Redemption Date with a fixed rate of return specific to that investment. |
Rated AAAf by Fitch Ratings |
Comprised of Minnesota Permitted Investments |
Competitive Yields |
Planned Redemption Date selected by Participant |
For additional information on TS II, please click here |
Fitch Ratings has assigned a 'AAAf' International Fund Credit Quality Rating (FCQR) to the MNTrust Term Series II, managed by PMA Asset Management LLC (PMA). Please click here for the full press release. |