Investor Presentaiton

ONE INVESTMENT PRUDENT INVESTOR STANDARD ELIGIBILITY ● Municipalities eligible to invest under the Pl standard are those with: • 02 $100 million in money and investments that they do not require immediately, or $50 million in net financial assets • These conditions can be met by a single municipality or by municipalities investing in a pooled arrangement • 44 municipalities of 443 qualify on their own (FIR 2016) 58

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