Investments

Funds not immediately needed to pay state expenses or to compensate the banks for services are invested through the Treasurer's Cash Pool in commercial paper, obligations of the U.S. Government, CD's in Maine banks, money market mutual funds, corporate bonds, and repurchase agreements. The Cash Pool includes 105 funds, averaged more than $580.9 million during FY 2007, and was managed with safety, liquidity, and yield in mind. More than $34.5 million in earnings from investments, including $1.06 million to the General Fund, were distributed in Fiscal Year 2007 to participants in the Pool on a prorata basis.

Three long-term investments-the Governor Baxter Trust, Lands Reserved Trust, and the Common Trust-are managed through contracts with third party investment managers. A trust committee led by the Treasurer provides policy advice and authorization for transactions.

Monthly Investment Reports

The following reports are in the PDF format, unless otherwise noted.

FY 2009

July	October	January	April
August	November	February	May
September	December	March	June

FY 2008

July	October (.pdf)(.doc)	January (.pdf)(.doc)	April (.pdf)(.doc)
August	November (.pdf)(.doc)	February (.pdf)(.doc)	May (.pdf)(.doc)
September	December (.pdf)(.doc)	March (.pdf)(.doc)	June (.pdf)

FY2007

July	October	January	April
August	November	February	May
September	December	March	June

To request a hard copy or alternate format, please call (207) 624-7477.

OFFICE INFORMATION

Investments