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PRIME

Government-style local government investment pool 

PLUS+

Prime-style local government investment pool 

EDGE

Enhanced cash local government investment pool 

Yields

Current and historical rate information

Overview

A comprehensive introduction to the different COLOTRUST portfolios 

Board of Trustees

Get to know our diverse and experienced public finance officials who oversee the program

Service Providers

Our administrator, auditor, custodian, and legal counsel

Document Center

Enrollment documents, prospectuses, and financials 

Insights for Investors

Updates, newsletters, and special reports

Events

Upcoming Board meetings, holidays, events, and conferences

FAQs

Answers to commonly asked questions about COLOTRUST

Join COLOTRUST

Getting started is easy; join today and start earning tomorrow!

Client Services

Assistance with your accounts and answers to your COLOTRUST questions

Relationship Team

Contact our investment professionals who can provide you with information about the program 

Questions & Answers

COLOTRUST EDGE

  • What are the investment objectives of COLOTRUST EDGE?

  • The general objective of COLOTRUST EDGE is to generate a higher level of income than provided by a traditional stable NAV LGIP while seeking to protect Participant capital. This is achieved by investing in only the highest quality securities that are legal pursuant to the Legal Investments Act (Part 6, Article 75, Title 24, C.R.S.) and the Public Deposit Protection Act (Articles 10.5 and 47 of Title 11, C.R.S.).

  • What types of securities are purchased for COLOTRUST EDGE?

  • All investments made on behalf of COLOTRUST EDGE are in compliance with the Legal Investments Act (Part 6, Article 75, Title 24, C.R.S.). For a complete list of eligible investments for COLOTRUST EDGE, please contact the COLOTRUST Relationship Team.

  • Is COLOTRUST EDGE rated?

  • Yes, the COLOTRUST EDGE portfolio is rated ‘AAAf/S1’ by FitchRatings.

    The ‘AAAf’ rating is Fitch’s opinion on the overall credit profile within a fixed-income fund/portfolio and indicates the highest underlying credit quality of the pool’s investments. The ‘S1’ volatility rating is Fitch’s opinion on the relative sensitivity of a portfolio’s total return and/or net asset value to assumed changes in credit spreads and interest rates. The ‘S1’ volatility rating indicates that the fund possesses a low sensitivity to market risks. For a full description of rating methodology, please visit www.fitchratings.com. Ratings are subject to change and do not remove credit risk.

  • Does COLOTRUST EDGE seek to maintain a stable $1.00 net asset value (NAV)?

  • EDGE is a variable NAV fund managed to approximate a $10.00 transactional share price, calculating and publishing a fair value NAV on a daily basis. The COLOTRUST EDGE portfolio has designated a $10.00 transactional share price in order to clearly differentiate the portfolio from a traditional $1.00 stable NAV fund.

  • Does Board oversight differ between COLOTRUST PRIME, COLOTRUST PLUS+, and COLOTRUST EDGE?

  • No, the COLOTRUST Board of Trustees administers and oversees all investment portfolios offered by COLOTRUST now and in the future.

  • I need to add information regarding COLOTRUST EDGE to my CAFR notes in our financial statements; can you provide suggested language to include?

  • Yes; below please find our recommended language that you can customize to meet your specific reporting requirements and period. You can find the EDGE WAM and WAL for your specific reporting date on the Yields page.

    “COLOTRUST EDGE is a variable net asset value (NAV) local government investment pool that offers weekly liquidity to Participants. EDGE is suitable for a local government’s strategic reserves/non-operating funds and has a NAV that is managed to approximate a $10.00 transactional share price. COLOTRUST EDGE measures its investments at fair value so investments in EDGE are not required to be categorized within the fair value hierarchy. EDGE is rated ‘AAAf/S1’ by FitchRatings. As of DATE, COLOTRUST EDGE possessed a weighted average maturity of XXX days and a weighted average life of XXX days.”

    If you need additional assistance or have further questions about this language, please contact the COLOTRUST Client Service team.

  • How can I become a COLOTRUST EDGE Participant?

  • Current COLOTRUST Participants simply need to complete the EDGE Registration Form to begin investing.

    New local governments looking to invest in any of the COLOTRUST portfolios will first need to pass a resolution authorizing participation in COLOTRUST; a model resolution is provided for your convenience in the COLOTRUST Registration Packet.

    For more information, please contact the COLOTRUST Relationship Team to get started.

  • Is there a minimum dollar amount required for a COLOTRUST EDGE investment?

  • No, there is no minimum initial investment or ongoing minimum account balance is required to participate.

  • Will I see my COLOTRUST EDGE account when I log in to the online portal?

  • Yes, you will see your COLOTRUST EDGE account alongside your COLOTRUST PRIME and PLUS+ accounts (as applicable). You may also view any reports, such as monthly statements, that are associated with your COLOTRUST EDGE account in the Documents section under the Accounts tab.

  • How do I make a transaction?

  • To invest in COLOTRUST EDGE, COLOTRUST Participants must enter contributions through the Online Participant Portal. Withdrawn funds are available the business day after the transaction date that is entered in the online portal.

  • Is there a maximum number of transactions?

  • No, there is no limit to the number of transactions a Participant may execute with COLOTRUST EDGE.

  • Which of my funds are best suited for investment with COLOTRUST EDGE?

  • COLOTRUST EDGE offers next-day liquidity and is best suited for funds not needed on a frequent or near-term basis. COLOTRUST EDGE is designed to complement the daily liquidity offered by the PRIME and PLUS+ portfolios.

  • What risks are associated with investing in a longer-duration product?

  • For an explanation of the risks associated with investing in a longer-duration product, please read the COLOTRUST EDGE Information Statement.

  • How do COLOTRUST PLUS+, PRIME, and EDGE differ?   

  • COLOTRUST provides a suite of investment options tailored to assist your local government’s cash management needs. Please refer to the table below for a comprehensive view of each of the COLOTRUST portfolios.

COLOTRUST Online Transaction Portal

  • What is the COLOTRUST Online Transaction Portal?

  • The COLOTRUST Transaction Portal is a secure, Internet-based transaction system that allows registered COLOTRUST Participants to self-manage their COLOTRUST investments. The portal is available 24/7, 365 days a year

  • What functions can the COLOTRUST Online Transaction Portal perform?

  • The COLOTRUST Online Transaction Portal allows Participants to make contributions, withdrawals, and transfers between subaccounts as well as to other approved COLOTRUST Participants. Users can pre-date important transactions, ensuring that they are handled reliably and avoiding unfortunate timing issues or cash access emergencies. The portal also allows for dual approval of transactions.

  • What about reporting features?

  • Reporting features available in the COLOTRUST Online Transaction Portal include access to monthly statements, transaction confirmations, and details highlighting past, present, and future dated transactions

  • How does a new COLOTRUST Participant receive login credentials?

  • All Participants will receive login credentials upon the establishment of their account via email. If you do not currently have online credentials, please reach out to Client Services at (877) 311-0219 or email clientservices@colotrust.com

  • How quickly can I expect to receive login credentials?

  • In most cases, login credentials will be distributed on the same day as requested; otherwise, credentials will be available on the following business day.

  • How does an existing COLOTRUST Participant change or update their login credentials?

  • Participants can change their passwords by visiting the COLOTRUST Online Transaction Portal and following the instructions for resetting your password. Once logged in, Participants can also update their password by selecting My Account in the upper right-hand corner. Usernames cannot be changed. Should you run into difficulties, the Client Service team is happy to assist.

  • How do I update the phone number used for two-factor authentication via text message?

  • Once logged in, Participants can update their phone number by selecting My Account in the upper right-hand corner of the COLOTRUST Online Transaction Portal.

  • Can I share my online account with another person at my entity?

  • No; for your security, everyone will be required to have their own online user account that is tied to a unique email address. We do not allow multiple contacts to use the same email address.

General Questions

  • What are the investment objectives of COLOTRUST?

    1. Legality
      • To invest only in investments legally permitted under Colorado State Law
    2. Safety
      • To minimize risk by managing portfolio investments to preserve principal and only invests in securities that are permitted pursuant to Colorado Revised Statute
      • To maintain the highest money market rating for the COLOTRUST portfolios from a nationally recognized statistical rating organization
    3. Liquidity
      • To manage portfolio investments in a way that ensures that cash will be available as required to finance Participants’ operations
    4. Yield
      • To maximize current income to the degree consistent with legality, safety, and liquidity

    This philosophy has made COLOTRUST the largest and most trusted local government investment pool in Colorado since its inception in 1985.

  • Who oversees COLOTRUST?

  • COLOTRUST is overseen by a Board of Trustees, comprised of twelve active members of the pool who have been elected by the Participants to oversee the management of the Trust. The Board is responsible for selecting the Administrator and Investment Advisor. Currently, the Board retains the services of Public Trust Advisors, LLC (Public Trust) located in Denver. Public Trust serves as the Administrator and Investment Advisor.

  • Who is eligible to use COLOTRUST?

  • Any county, city, town, school district, special district, or other political subdivision of the State of Colorado, or department, agency, or instrumentality thereof, or any political or public corporation of the State of Colorado may join COLOTRUST as a Participant and take advantage of the COLOTRUST investment options.

  • How can you Participate in COLOTRUST?

  • Enrolling in COLOTRUST is simple. Any of the entity types listed in the answer above may join COLOTRUST as a Participant and take advantage of the investment program.

    To participate in COLOTRUST, please take the following steps:

    1. Read the Trust Indenture
    2. Read the applicable Information Statement(s)
    3. Adopt, execute, and provide to COLOTRUST a copy of a resolution adopting the Indenture and naming a Designee to participate in COLOTRUST. The COLOTRUST Registration Packet includes a model resolution.
    4. Keep the original forms for your records, and send the completed packet to the COLOTRUST Client Service Team by fax (877) 311-0220 or by email to clientservices@colotrust.com.

  • How can I submit an audit confirmation to COLOTRUST?

  • Please email your audit confirmation to clientservices@colotrust.com and provide either a fax number or email for receipt. COLOTRUST is also accessible on www.confirmation.com and will receive notification of your audit confirmation on the platform.

    Audit confirmations sent via USPS may experience a significant delay, so we strongly encourage email confirmations.

  • What types of securities does COLOTRUST invest in?

  • COLOTRUST invests solely in securities that are permitted pursuant to Colorado Revised Statutes. For the current COLOTRUST Investment Policies, click here.

  • What is the minimum requirement for investing in COLOTRUST?

  • There is no minimum investment amount for COLOTRUST.

  • What are the business hours at COLOTRUST?

  • The COLOTRUST offices are open Monday through Friday from 7:30 a.m. until 4:00 p.m. MT. Please consult the Client Services Page for COLOTRUST office closures.

  • What are the definitions for Designee, Alternate Designee, and Authorized Signatory?

  • The Designee is the legal representative that acts for and on behalf of each Participant. For example, a key function of the Designee is to vote annually for the COLOTRUST Board of Trustees. Alternate Designees are the representatives that act on behalf of each Participant, in the absence of the Designee. Authorized Signatories are the individuals on an account who are authorized to manage the Participant’s investments.

  • Does COLOTRUST have a policy against providing a copy of the daily investment holdings report?

  • COLOTRUST does not have such a policy. If a Participant requests a copy of the investment holdings report, we will provide a copy. The investment holdings report shows the investment positions for that day.

  • What transaction fees does COLOTRUST charge?

  • COLOTRUST does not charge any transaction fees to its Participants. However, your receiving bank may have wiring fees and/or incoming ACH fees, therefore we recommend checking with a representative at your bank to discuss the potential costs.

Managing My Account

  • What are the daily cut-off times for transactions?

  • Transactions (withdrawals, contributions, transfers) conducted via the portal, telephone, or fax must be submitted by 11:00 a.m. MT for same-day processing.

  • What are the deposit instructions for COLOTRUST?

  • Please visit the FAQs in the Help Section of the COLOTRUST Online Transaction Portal to view the deposit instructions to send funds into your COLOTRUST account. Please note: if your bank is wiring funds, you will need to instruct the bank to do so.

  • How do I update my contact information and notification preferences?

  • Once logged in, Participants can update their contact information and notification preferences by selecting My Account in the upper right-hand corner of the portal. From there, changes can be made under the Contacts section at the bottom of the page.

  • When are wires sent from my account when I request a withdrawal?

  • COLOTRUST PRIME and PLUS+ wires are sent every hour with the final distribution taking place shortly after the close of the fund at 11:00 a.m. MT; distribution times are subject to change as needed by the COLOTRUST Administrator.

    For more information on COLOTRUST EDGE redemptions, click here.

  • For a next-day ACH, what is the cut-off time?

  • COLOTRUST PRIME and PLUS+ next-day ACH requests must be received by 11:00 a.m. MT (24 hours in advance).

  • What is the difference between a Wire and an ACH?

  • Wires are funds transferred via the Federal Reserve Wire System and can be processed and received by your beneficiary bank on the same day if the transaction is requested prior to the 11:00 a.m. MT cut-off. ACHs (Automated Clearing House) are processed overnight and are generally available to the beneficiary bank one business day after the transaction request has been made.

  • What are the fees associated with wires/ACHs?

  • COLOTRUST does not charge any banking fees to its Participants. However, your receiving bank may have wiring fees and/or incoming ACH fees, therefore we  recommend always checking with a representative at your bank to discuss the potential costs.

  • Are the banking instructions different for a wire or an ACH?

  • Many banking institutions have separate ABA/Routing Numbers depending on whether the transactions are being processed via wire or ACH. Please contact your local banking representative to ensure that you are providing COLOTRUST Client Services with the appropriate account information. The instructions to send money into COLOTRUST can be found in the online transaction portal.

  • What are the limits on the number of transactions?

  • COLOTRUST does not limit the number of transactions Participants can do.

  • Does COLOTRUST limit the number of subaccounts a Participant can have?

  • COLOTRUST does not limit the number of subaccounts Participants can have.

  • How are the COLOTRUST monthly statements delivered?

  • To download your COLOTRUST statements, please go to the Accounts Menu in the portal. From there, please navigate to the Documents Section. Statements are not emailed for the security of the COLOTRUST Participants’ account information.

  • How do I update individuals who have access to my COLOTRUST account?

  • Please visit the FAQs in the Help Section of the COLOTRUST Online Transaction Portal to download and fill out the Signatory Amendment Form. For more information on the levels of access for individuals on your account, please refer to the chart below.

  • How do I amend those individuals who receive account correspondence such as monthly statements or transaction confirmations?

  • These changes can be made in writing to clientservices@colotrust.com.

  • How do I add or remove bank instructions on my COLOTRUST account?

  • Please visit the FAQs in the Help Section of the COLOTRUST Online Transaction Portal to download and fill out the Bank Amendment Form. Many banking institutions have separate ABA/routing numbers depending on whether the transactions are being processed via wire or ACH. Please contact your local banking representative to ensure that you are providing COLOTRUST Client Services with the appropriate account information.

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