The Utah Public Treasurers’ Investment Fund (PTIF) is available to state and local government entities as a short-term cash investment vehicle. The PTIF invests primarily in investment-grade corporate notes, top tier commercial paper, money market mutual funds and U.S. government agency obligations. The PTIF invests only in securities authorized by the Utah Money Management Act.
The PTIF’s primary investment objective is safety of principal. It is not FDIC-insured and may lose value.
Why Invest in the PTIF?
Investing in the PTIF is an easy way to safely invest excess funds at a competitive interest rate, while maintaining a high degree of liquidity.
Who Can Invest?
Any funds administered by a public treasurer in the State of Utah may be invested in the PTIF. This includes funds held by city and county treasurers, state boards, commissions, institutions, departments, divisions, agencies, school districts, special service districts and other public bodies.
PTIF Support Hours
The State Treasurer’s office provides PTIF support from 8:00 a.m. to 5:00 p.m. Monday through Thursday, and from 7:00 a.m. until 4:00 p.m. on Friday. PTIF support can be contacted at (801) 538-1470, (800) 395-7665 or via email at email@example.com.