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, February 17 in observance of Presidents’ Day.
FL SAFE Newsletter
MARKET UPDATE
Consumer Remains Resilient
As 2024 drew to a close, the resilient consumer continued to drive growth. Inflationary trends have subsided, but some components remain sticky, and core levels remain above the Fed’s target.
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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.