Solutions designed with you, for your community.

You are entrusted with managing public dollars. The entity you serve expects you to act in its best interest—which means you cannot compromise when it comes to protecting and effectively managing those funds. You need an investment manager who understands what is at stake and is willing to go above and beyond, with you and for you, all for the common good. It is a different way of doing business. But for us, it is the only way.

Please click here to view the Meeder Public Funds team.


About Meeder Public Funds

For over 35 years, Meeder continues to be a trusted partner of public entities. We are committed to delivering a personalized, hands-on public funds experience. Our time-tested approach and broad knowledge of the markets is used to create tailored and comprehensive strategies to assist our clients. We provide independent, objective advice and portfolio management for public entities. We are dedicated to preserving client capital.

  • Serving public entities since 1990
  • Customized investment solutions for states, counties, cities, schools, townships, libraries, higher education, and special districts

35+
Years

400+
Clients

+$150B
Assets Under
Advisement

Assets under advisement consist of $63.82 billion of regulatory assets under management for which Meeder Investment Management’s registered investment adviser affiliates provide continuous and regular investment management services as disclosed in their Form ADV and $107.75 billion of non-discretionary assets as to which Meeder Public Funds provides strategic advice or consultation but does not have the authority to effectuate transactions as of December 31, 2024.

Collaboration & Partnership

Our goal is to design an investment portfolio that is specifically built to align with your organization’s objectives and mission. That is why our investment process is centered around collaboration. This approach helps us gain a true understanding of the unique circumstances and needs of your entity before any investments are recommended or executed. Along the way we help you stay up to speed with opportunities, performance, and keep you informed about the current interest rate environment and capital markets.

Knowledge & Experience

We know that every public entity has unique investment needs and objectives. That is why our investment process begins with taking the time to understand your investment policy and return cash flow needs. Our service team includes members who have individually spent decades serving the needs of public entities, with many members having spent years working within the finance departments at public entities. This team is backed by our deep and knowledgeable investment team, including members with CFA, CMT, CTP, and CFP designations.

Communication & Oversight

We pride ourselves on our proactive approach to communicating with our clients. We know that you and your staff wear many hats in your roles, and it is our job to be your eyes and ears—watching the portfolio for opportunities and making you aware of changes in the economy, markets, or on the legislative front. Rest easy knowing that our state-of-the-art compliance management system will ensure that your portfolio remains in compliance with state laws and your investment policy.


Services

Operating Funds

Our team works with you, to not only streamline the investment process, but also to develop custom strategies to efficiently manage day-to-day operating funds while also focusing on safety, liquidity, and yield.

Project Funds

We work with you and the construction manager to fully understand your project and then build a portfolio designed to meet the unique liquidity needs of the project. Additional interest income can help bridge gaps in cost or allow for expansion of the project scope.

Consulting Services

Our team of highly trained investment consultants shares independent intelligence on industry best practices and investment options, and assists you with Banking Services RFPs and Custody Services RFPs.

Local Government Investment Pool (LGIP) Management

We offer investment advisory, fund accounting, transfer agency, distribution, and shareholder servicing services to local government investment pools.

Government Insured Deposit Program (GIDP)

GIDP enables participants—counties, cities, school districts, townships, political subdivisions—to generate a competitive yield on cash deposits in a network of carefully-selected FDIC-insured banks via a single, convenient account. GIDP offers attractive yields with no market or credit risk, and penalty-free withdrawals every business day.

Government Insured Deposit Program (GIDP)

GIDP enables participants to fully insure cash balances up to $25 million per tax ID through a network of carefully selected FDIC-insured banks via a single, convenient account. GIDP offers attractive yields with no market or credit risk, and penalty-free withdrawals every business day.

 

GIDP allows clients to deposit funds into a single, convenient account (“Account”), which in turn will be deposited through the FICA program into multiple banks so the amounts that a single client has on deposit in any single bank through GIDP will never exceed the FDIC insurance amount as set by the FDIC. 

 

GIDP is designed for clients to deposit funds in a fully FDIC-insured bank deposit program that offers a competitive yield and the ability to withdraw funds daily. The program provides access to hundreds of carefully-screened banks via a single, convenient Account.

 

GIDP is not a mutual fund or pooled account; instead, each Account is a separately managed account in which the client directly owns the bank deposits made on its behalf. There is a $250,000 minimum initial deposit required to open an Account with the Meeder GIDP program. There is no minimum amount required for subsequent deposits or balances. The maximum total deposit available per Account (per tax identification number) is $25 million; this amount is subject to change based on market or business conditions. All deposits must be in U.S. dollars.

 

Click here for more information on GIDP.

Retirement Plan Management

We serve as a consultant and investment advisor to retirement plan sponsors, providing solutions designed to help plan participants achieve a more secure financial future.

Who We Serve

If you serve our communities, we serve you. Meeder is proud to be among the top providers of investment services in the public sector nationwide, providing investment advisory services, retirement plan solutions, and more to the institutions who deserve our very best. 

  • State & Local Government
  • K-12 Schools
  • Higher Education
  • Healthcare
  • Transportation
  • Special District Management
  • Housing Authorities

Approach

01

Investment Policy

Review and assess your entity’s investment policy to ensure our recommendations align with your strategy.

02

Cash Flow Analysis

Analyze your future cash flow needs so we can prepare to help optimize your investment portfolio.

03

Economic Outlook

Research to build a portfolio positioned for a changing marketplace, economic state, and interest rate environment.

04

Portfolio Construction

Create a custom investment strategy based on your objectives, cash flow needs, and current market environment.

05

Communication and Support

Direct ongoing investment policy and strategy reviews and deliver timely performance monitoring and updates.

01

Investment Policy

Over 70 separate factors reviewed each day to calculate the Reward Value of the equity markets.

02

Cash Flow Analysis

Reward Value is divided by the current Market Risk to determine the appropriate level of equity exposure.

03

Economic Outlook

Based on market conditions, the IPS will increase or decrease exposure to equities to reduce the risk in the portfolio.

The Meeder Difference

Meeder understands the specialized requirements that set public entities apart. Our expertise can streamline and simplify the investment process to help you reach your investment goals.

Holistic View

We look at your entire financial picture to understand your entity’s unique situation.

Customization

Portfolios are built to fit your needs and the needs of the organization and people you serve.

Investment Management

Markets change and your strategy should too. We’re here to help you actively manage it all. 

Research Analysis

We conduct independent research to ensure the investments we select are appropriate for your portfolio.

Ongoing Partnership

We work together with your team to enhance and streamline your investment process.

Contact

Contact us for assistance with your public entity’s investment strategy.