Welcome
The Florida Surplus Asset Fund Trust (FL SAFE) is an intergovernmental cooperative investment trust created in 2007 by Florida local governments seeking to enhance their investment safety, liquidity, transparency and yield through the benefits of scale in pooling investments and financial services.
Rates and Performance
*Daily Rate: Refers to income generated over the previous one day period; the income is then annualized. *7-Day Average Rate: Refers to income generated over the previous seven day period; the income is then annualized. *7-Day Effective Rate: Calculated in the same manner but assumes reinvestment of income over the seven day period. Due to compounding, the 7-Day Effective Rate will be slightly higher than the 7-Day Average Rate. *Net Market Yield: The yield-to-worst after deducting portfolio expenses. Sources: Bloomberg, Chandler Asset Management, Inc. *1-Year Net Total Return: The actual rate of return over the past year after deducting portfolio expenses.
Investment Programs
FL SAFE offers a variety of investing options, including Stable Net Asset Value (SNAV), Variable Net Asset Value (VNAV), and Term Series programs.
Current News
Upcoming Closures
FL SAFE will be closed to transactions and participant inquiries on Monday, January 20 in observance of Martin Luther King Jr. Day.
FL SAFE Newsletter
MARKET UPDATE
Fed Continues Rate Cuts
As broadly anticipated, the Federal Open Market Committee (FOMC) reduced the Fed Funds Rate by 25 basis points to the range of 4.50 –4.75% at the November meeting.
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How To Join
Learn more about how to become a FL SAFE Participant.
Knowledge Center
Browse the library of FL SAFE documents, articles and more.