The Wisconsin Investment Series Cooperative (WISC ) is an investment opportunity open to Wisconsin public entities including school districts, municipalities, counties and technical colleges. WISC is governed by a commission of representatives from participating entities that has the full power, control and authority over the affairs, investments and assets of the pools.
Since 1988, WISC has earned a well-deserved reputation among Wisconsin public entities and is known for its excellent performance built around safety, liquidity and yield. As a WISC Participant, you can benefit from a full range of cash management and investment services.
Rates as of 05/06/2021
|CLASS/SERIES||CMS %||IS %||LTD %|
|7-Day Average Rate||0.01||0.03||-|
|7-Day Effective Rate||0.01||0.03||-|
|7-Day Net Yields||-||-||0.33|
|1-Year Net Total Return||-||-||0.46|
*Daily Rate: Refers to income generated over the previous one day period; the income is then annualized.
*7-Day Average Rate: Refers to income generated over the previous seven day period; the income is then annualized.
*7-Day Effective Rate: Calculated in the same manner but assumes reinvestment of income over the seven day period. Due to compounding, the 7-Day Effective Rate will be slightly higher than the 7-Day Average Rate.
*7-Day Net Yield: The 7-Day Net Yield refers to income generated over the previous seven day period; the income is then annualized.
*1-Year Net Total Return: The actual rate of return over the past year after deducting portfolio expenses.
The Multi-Class Series invests in money market instruments having a maximum
remaining maturity of one year. The Limited Term Duration Series (LTD) seeks to provide Participants with the ability to earn a higher yield than WISC Multi Class investments with limited additional risk.
Fixed Rate Investment Program
The Fixed Rate Program allows investors to purchase investment instruments, including FDIC insured or collateralized certificates of deposit of banks and thrift institutions (“CDs”), government securities and municipal securities.
PMA Asset Management Market Update
FEATURED MARKET DATA – STRONG FIRST QUARTER EARNINGS
Publicly traded companies are reporting strong first quarter earnings. The fast recovery in corporate earnings is helping to justify soaring stock prices since markets bottomed in March 2020. As of April 30, stronger than expected earnings had been reported by 87% of S&P 500 companies who had reported earnings, according to market data firm Refinitiv.
PMA Credit Quarterly
BANKS SHIFT DEPOSIT COMPOSITION AMIDST COST-CUTTING EFFORTS
Deposits have continued to build up on bank balance sheets, prompting banks to adopt differing strategies including setting balance limits for some individual commercial clients in an effort to minimize excess funding amid soft loan demand. Total deposits across the industry in the U.S. grew 3.9% sequentially in the fourth quarter of 2020, according to data from S&P Global Market Intelligence.