About the Term Series Product
The Board of Trustees of MNTrust has authorized the creation of an unlimited number of investment pools called Term Series. Each Term Series will be comprised of statute allowable investments and will have a designated maturity between 30 days and 3 years. Key features of an investment in a Term Series are a fixed rate of return and a fixed maturity date. These characteristics make Term Series investments different from the MNTrust Investment Shares Class which has a fluctuating rate and no fixed maturity date. Participants may want to consider Term Series investments to meet a specific cash flow or investment need in their portfolio.
Portfolio Composition of a Term Series Pool
Investment shares in a Term Series represent a beneficial interest in the underlying instruments in the pool. The eligible investments in each pool may include bank deposit products, government securities, and municipal securities. With respect to bank deposits that may be included in a Term Series pool, the deposit amounts will be collateralized or insured. Each Term Series is unique and independent of all other Term Series, thus Participants should make sure that the specific Term Series they are considering meets their individual investment criteria and objectives.
Making Investments in Term Series Pools
Participants can contact PMA to obtain additional information about the availability of Term Series pools. It is anticipated that new pools will be created on a regular basis with varying maturity dates. Participants may purchase Term Series pool shares by redeeming shares in their MNTrust account or by depositing additional funds.
Prudent Man Advisors, Inc. serves as Investment Advisor to the Term Series.
Download more information about PMA Financial Network, Inc. here.
MNTrust Service Programs
Cash Flow Management
Bond Proceeds Management
Financial Planning Program
Term Series
OPEB
Limited Term Duration Series
Additional Options
 
Contact Us
763.497.1490 | Email
5301 Kyler Ave NE, 2nd Floor  |  Albertville, MN 55301

MNTrust (the “Fund”) investment options include the MNTrust Investment Shares (IS) Series, MNTrust Limited Term Duration (LTD) Series as separate managed investment portfolios whose holdings are subject to change, and Term Series portfolios (collectively “Funds”). Shares in the Fund are sold or bought only based on the information contained in the current Fund Information Statement which can be found here or can be obtained by calling 763.497.1490. These Funds are only offered and sold to units of local government under Minnesota statues as eligible participants in MN Trust.

The Funds are neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. While the IS and Term Series seek to maintain a stable net asset value of $1.00 per share, there can be no assurance that the net asset value will not vary from this price. The LTD Series seeks to provide current income while maintaining limited price volatility. The LTD Series has a floating net asset value, and the net asset value of a Participant’s investment could decline below the amount originally invested by the Participant. You should consider the applicable Fund's investment objectives, risks, charges and expenses detailed in the Information Statement before you invest.

Information in the Knowledge Center and elsewhere on this website is intended for institutional investors and has been published for informational and educational purposes only. The information should not be considered as investment advice or a recommendation of any particular security, strategy or investment product, which may only be done after client suitability is reviewed and determined. This information does not represent an offer or solicitation to buy or sell shares of the MNTrust Funds, or any other security. Information contained herein has been obtained from sources believed to be reliable, but is not guaranteed. Past performance is not a guarantee of future results. The MNTrust service providers may, from time to time, voluntarily waive certain fees and expenses, which may affect the yield. Expenses are detailed in the Information Statement under "Fees and Expenses of the Funds."

Fund shares are marketed through PMA Securities, Inc., a broker-dealer and municipal advisor registered with the SEC and MSRB, and member of FINRA and SIPC. MNTrust Fixed Income Investment Program investments are offered and sold through PMA Securities, Inc. and its affiliate, PMA Financial Network, Inc., which serves as Fund Administrator to MNTrust. Prudent Man Advisors, Inc., an SEC registered investment adviser and PMA affiliate, serves as the Investment Advisor to MNTrust.

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