Cash Investment

State Treasurer's Office

Cash Investment

How the State invests its cash

The State of Delaware uses professional money managers to invest the State's cash according to guidelines set by the Cash Management Policy Board.

State of Delaware Cash Management Policy Board Statement of Objectives
& Guidelines for the Investment of State of Delaware Funds Word Document

The guidelines specify the types of investments these managers can make; the maximum percentage of assets that may be invested in particular instruments; the minimum credit quality of these investments; and the maximum length of time the assets can be invested.


The State of Delaware Portfolio (as of April 30, 2008)
Portfolio Manager	Average Invested Balance	Realized Return (Annual Basis)
Wilmington Trust Cash Account	$122,512,406.15	2.49%
Wilmington Trust Liquidity Account	$364,773,427.16	3.82%
JP Morgan Treasurer's Account	$192,938,764.34	3.28%
Evergreen Investment Account	$360,201,485.14	3.51%
Schroder's Management	$311,522,329.20	3.58%
Bank of New York	$181,034,897.07	3.11%
Total or Average	$1,532,983,309.06	3.44%

Last Updated: Friday, 30-May-2008 15:54:47 EDT

State Treasurer's Office

Cash Investment

The State of Delaware Portfolio

Portfolio Manager

Average Invested Balance

Wilmington Trust Cash Account

Wilmington Trust Liquidity Account

JP Morgan Treasurer's Account

Evergreen Investment Account

Schroder's Management

Bank of New York

Total or Average