What are the underlying investment options available in the CUES Yield Enhancement Program?
There are numerous options available to the credit union. Most options involve some type of managed asset arrangement. This funding approach provides a hands-on manager and access to institutional money managers that have solid track records and low asset management fees. Typical investments used include institutional mutual funds and institutional index accounts. When designing your program, we will review your investment policy statement to determine if there are any investment categories that must be avoided. After the investments are selected, a sample investment management statement amendment will be provided to the credit union to be placed with the regular investment policy statement through a board resolution.
