Menu

Sign In
Desktop
Phone
Tablet

The New Jersey Asset & Rebate Management Program (the NJ/ARM Program, NJ/ARM, or the Program) was created in 1989 as a joint investment trust under the Interlocal Services Act. NJ/ARM provides local governments in New Jersey with investment management services for capital, reserve, and general operating funds. In addition, the Program offers investment management and arbitrage rebate compliance services for tax-exempt bond and note proceeds.    

NJ/ARM offers its investors the benefit of a professionally managed investment program with multiple investment options, including the Joint Account and the Individual Portfolio.1

The NJ/ARM Joint Account provides a vehicle for local governments to pool funds for short-term investment to meet daily liquidity needs. For longer-term investment strategies, the Individual Portfolio provides for customized investment portfolios of permitted securities pursuant to New Jersey statutes.

The goals of the NJ/ARM Program are safety of principal and liquidity of the local government funds entrusted to it, as well as earning a competitive yield. The Joint Account portfolio is rated AAAm by S&P Global2 (an independent rating company), which is the highest rating available.

 

ServicesGraphic

 

The Program is designed to comply with all New Jersey statutes and regulations for the permitted investment of public funds. Additionally, all securities must meet the high investment standards of PFM Asset Management3.

1  Available under a separate agreement with the investment adviser.

2  S&P Global AAAm Rating: S&P evaluates a number of factors, including credit quality, market price, exposure, and management. Please visit SPGlobal.com/Ratings for more information and ratings methodology.

3  PFM Asset Management is a division of U.S. Bancorp Asset Management Inc., NJ/ARM’s investment advisor and administrator, that services public sector clients.

Please enter your color in the box below for the top navigation bar and side navigation bar. Make sure there are no extra spaces in the box below: 

#7B797A

 

Please enter your color in the box below for the login button and top left icon. Please make sure there are no extra spaces in the box: 

#E7E2E7

 

Please enter your font style below in the box.

*Make sure there are no extra spaces in the box and do not delete the box:

Poppins, sans-serif



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 units of the NJ/ARM Joint Account, NJ/TERM or any other security. Investors should consider the investment objectives, risks, charges and expenses before investing in the NJ/ARM Joint Account and NJ/TERM. This and other information about the NJ/ARM Joint Account and NJ/TERM are available in the NJ/ARM Information Statement, which contains important information and should be read carefully before investing. A copy of the NJ/ARM Information Statement may be obtained by calling 1-800-535-7829 or is available on the NJ/ARM website at www.njarm.com. While the NJ/ARM Joint Account seeks to maintain a stable net asset value of $1.00 per unit and NJ/TERM investments seek to achieve a net asset value of $1.00 per unit at their stated maturity, it is possible to lose money investing in the NJ/ARM Joint Account and NJ/TERM. An investment in the NJ/ARM Joint Account or NJ/TERM is not guaranteed or insured by the Federal Deposit Insurance Corporation or any other government agency. Units of NJ/ARM are distributed by U.S. Bancorp Investments, Inc., member FINRA (www.finra.org) and SIPC (www.sipc.org). PFM Asset Management is a division of U.S. Bancorp Asset Management, Inc., which serves as administrator and investment adviser to NJ/ARM. U.S. Bancorp Asset Management, Inc. is a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S. Bancorp. U.S. Bancorp Investments, Inc. is a subsidiary of U.S. Bancorp and affiliate of U.S. Bank N.A.


Copyright 2020, All Rights Reserved