About The Trust

Since 1987, MILAF+ has been serving the investment and arbitrage compliance needs of Michigan public agencies. The investment options offered to public agencies through MILAF+ are the Pool and individual portfolios. Arbitrage rebate compliance services are available for bond proceeds invested through the Trust.

MILAF+ school entity investors must be members in good standing with the Michigan Association of School Boards. Public agencies eligible to participate in MILAF+ include: general-powers school districts as defined by the Revised School Code, school districts of the first class, local of special act school districts, intermediate school districts and other classification of schools. Michigan public agencies such as counties, cities, Charter townships, special districts, authorities and others are also eligible to participate; the GovMIC Class has been designed specifcally for these types of investors. For details, see our Information Statement or contact a Trust representative.

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This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security. Investors should consider the investment objectives, risks, charges and expenses before investing in any of the Michigan Liquid Asset Fund Plus' ("MILAF+" or the "Trust") series. This and other information about the Trust's series is available in the Trust's current Information Statement, which should be read carefully before investing. A copy of the Trust's Information Statement may be obtained by calling 1-877-GO-MILAF or is available on the Trust's website at While the Cash Management Class, Max Class, and GovMIC Class seek to maintain a stable net asset value of $1.00 per share and the Michigan Term series seek to achieve a net asset value of $1.00 per share at its stated maturity, it is possible to lose money investing in the Trust. An investment in the Trust is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Shares of the Trust's portfolios are distributed by PFM Fund Distributors, Inc., member Financial Industry Regulatory Authority (FINRA)( and Securities Investor Protection Corporation (SIPC) ( PFM Fund Distributors, Inc. is an affiliate of PFM Asset Management LLC. 



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