The Florida Association of District School Superintendents and the Florida School Boards Association organized the Florida Education Investment Trust Fund (FEITF) in 2010 to serve as an Internal Revenue Code Section 115 qualified trust.

The purpose of the FEITF is to provide school districts with an alternative investment option to the State Board of Administration’s Local Government Investment Pool for a district’s surplus short to medium term cash assets. The Trust offers a fully liquid, variable rate investment option known as the FEITF Portfolio, and the ability for participants to invest in shares of fixed-rate, fixed-term investments through the FEITF Term portfolio.

For more information please visit: