PLGIT’s founding Trustees were fully aware of the intricacies of local government investment compliance, but were determined to offer competitive yields. Accordingly, they selected a team of skilled and experienced professionals to provide daily management and other services to the Trust.
Today, PLGIT has assembled a team of professionals designed to provide continuity to its investment program and earn the confidence of its Investors. The five organizations that constitute PLGIT’s team of professionals have locations in Pennsylvania:
|Administrator, Transfer Agent and Investment Adviser||PFM Asset Management LLC*|
|Check Clearing Agent||Wells Fargo Bank N.A.*|
|Custodian||U.S. Bank N.A.*|
|Auditor||Ernst & Young LLP*|
|Legal Services||Saul Ewing Arnstein & Lehr LLP*|
*The links above are to third-party websites which are external to the Trust’s website, and as such are not controlled by the Trust. Clicking on these links will open an additional window in your browser. You will not leave the PLGIT website. The Trust has not participated in the preparation of the material on these third-party websites, and the Trust does not explicitly or implicitly endorse or approve the information on the website.
Please read this important announcement from our investment manager. There are no holdings or exposure to Silicon Valley Bank or its parent company, as well as Signature Bank, New York, within the Program.
Click here to learn more.
Please enter your color in the box below for the top navigation bar and side navigation bar. Make sure there are no extra spaces in the box below:
Please enter your color in the box below for the login button and top left icon. Please make sure there are no extra spaces in the box:
Please enter your font style below in the box.
*Make sure there are no extra spaces in the box and do not delete the box:
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 portfolios are distributed by PFM Fund Distributors, Inc., member Financial Industry Regulatory Authority (FINRA) (www.finra.org) and Securities Investor Protection Corporation (SIPC) (www.sipc.org). PFM Fund Distributors, Inc. is an affiliate of PFM Asset Management LLC.
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, PFM Asset Management LLC.
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.