Additional Products & Services
Additional Products & Services
Procurement Card Program
- The Trust sponsors a Procurement Card or P-Card Program, a MasterCard offered by PFM Financial Services LLC, through the services of BMO Harris Bank [BMO Harris Bank]*. The P-Card offers features and controls built with public entities in mind. For more information on the PLGIT P-Card, please contact pcardteam@pfmam.com.
Borrowing Options
- The PLGIT/Emmaus Bond Pool Programs offer alternative financing methods to all Trust Investors. The Trust Sponsors two variable rate bond pools providing only PLGIT Investors the opportunity to access the variable rate bond market and the ability to take advantage of historically lower variable interest rates as well as lower costs of issuance. The Trust sponsors these programs and works with the Emmaus General Authority who issues the Pool Bonds. PFM Financial Advisors LLC is the Program Administrator.
To learn more about these additional products and services, please contact a PLGIT marketing representative at 1-800-572-1472.
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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 Trust’s portfolios. This and other information about the Trust’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 1-800-572-1472 or is available on the Trust’s website at www.plgit.com. While the PLGIT and PLGIT/PRIME portfolios seek to maintain a stable net asset value of $1.00 per share and the PLGIT/TERM portfolio seeks to achieve a net asset value of $1.00 per share at its stated maturity, it is possible to lose money investing in the Trust. An investment in the Trust is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Shares of the Trust’s portfolio 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 the Trust. 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.
A description of the PLGIT-CD Purchase Program is contained in the PLGIT Information Statement. The Information Statement contains important information and should be read carefully before investing. Investors may purchase Certificates of Deposit through the PLGIT CD Purchase Program only by executing an investment advisory agreement with the Trust’s Investment Adviser, U.S. Bancorp Asset Management, Inc.
SMPLGIT, PLGIT-Class Shares, PLGIT/Reserve-Class Shares, PLGIT/TERM, PLGIT-CD, PLGIT/PRIME, and PLGIT-CAP are service marks of the Pennsylvania Local Government Investment Trust.