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Item 32 - Adoption Authorizing the Investment of Monies into California Class Prime Fund
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Item 32 - Adoption Authorizing the Investment of Monies into California Class Prime Fund
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7/13/2023 10:56:05 AM
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7/12/2023 12:50:23 PM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
32
Date
7/18/2023
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California <br />CL California Cooperative Liquid Assets Securities System <br />P Q Y <br />California CLASS Enhanced Cash Fund Account(s) to be Established <br />Entity Name (Participant): <br />Desired Subaccount Names)*: <br />(To be completed by Participant) <br />California CLASS Enhanced Cash is designed to <br />complement the daily liquidity offered by the <br />California CLASS Prime portfolio. <br />Enhanced Cash does not seek to maintain a <br />stable net asset value (NAV) and does not offer <br />daily liquidity. Unlike the Prime Fund, investing in <br />Enhanced Cash introduces the potential for the <br />reporting of unrealized and realized gains and losses. <br />If you have questions about which of your local <br />government's funds are appropriate for the California <br />CLASS Enhanced Cash portfolio, please contact your <br />California CLASS representative or email <br />info@californiaclass.com. <br />*Name must be limited to 35 characters. <br />Once your California CLASS account has been established, you will receive a confirmation email with your login <br />credentials from no-reply@californiaclass.com. If you do not receive your login credentials within 48 business hours of <br />submission, please first check your junk or spam folder before calling the California CLASS Client Service team. <br />717 17th Street, Suite 1850 T (877) 930-5213 clientservices@caIiforniaclass.com <br />Denver, Colorado 80202 F (877) 930-5214 www.californiaclass.com <br />Page 9 <br />
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