NYCLASS New York Cooperative Liquid Assets Securities System ee ee What is NYCLASS? NYCLASS FEATURES New York Cooperative Liquid Assets Securities System (NYCLASS) is a short-term, liquid investment fund designed As a NYCLASS Participant, specifically for the public sector. NYCLASS provides the you have access to many opportunity to invest funds on a cooperative basis in short-term convenient features: investments that are carefully chosen, aiming to yield favorable returns while striving rorto provide maximum safety y and liquidity.aura oe * Same-day liquidity (12:00 p.m. ET cut-off) Who oversees and manages NYCLASS? In accordance with New York State General Municipal Law (GML) * Contributions by wire or ACH Article 3-A Section 44, the Municipal Cooperation Agreement is administrated by an elected Governing Board (the Board) of up to * Secure online access for transactions 15 members. A Board member must be either a Participant’s Chief d t stat t Fiscal Officer, another designated officer, or employee of the ike} ISSO SeSISIUINSUINES
In accordance with New York State General Municipal Law (GML) Article 3-A Section 44, the Municipal Cooperation Agreement is administrated by an elected Governing Board (the Board) of up to 15 members. A Board member must be either a Participant’s Chief Fiscal Officer, another designated officer, or employee of the Participant who has knowledge and expertise in financial matters. The Board retains the services of Public Trust Advisors, LLC (Public Trust). Public Trust serves as the investment advisor and provides administrative and marketing services for NYCLASS.
==> picture [194 x 44] intentionally omitted <==
----- Start of picture text -----
- Professionally managed since 1989
- Competitive daily yields ----- End of picture text -----
How can you participate in NYCLASS?
==> picture [178 x 119] intentionally omitted <==
----- Start of picture text -----
- Unlimited subaccounts
- No minimum investment requirements
- Dividends applied and paid daily
- No transaction fees* ----- End of picture text -----
Enrolling in NYCLASS is simple. After reading the Municipal Cooperative Agreement and Information Statement (available at www.newyorkclass.org), follow these steps: ‘G Pass a resolution approving the NYCLASS Municipal Cooperative Agreement. (2) Complete the NYCLASS Registration Form. © Submit the above documents to NYCLASS Client Services. (4) After we review and approve the above documents, you will receive confirmation that you have been accepted as a NYCLASS Participant.
==> picture [209 x 135] intentionally omitted <==
----- Start of picture text -----
- Audited annually by an independent auditing firm**
- Direct investment of state and federal payments
- Dedicated client service representatives available via email, phone or fax on any business day ----- End of picture text -----
*You may incur transaction fees associated with wires and/or ACH transactions by your bank, but there will be no transaction fees charged from NYCLASS for such transactions. **External audits may not catch all instances of accounting errors and do not provide an absolute guarantee of accuracy.
2529 Route 52, Suite 202 Hopewell Junction, NY 12533 | (855) 804-9980 | www.newyorkclass.org | clientservices@newyorkclass.org
4, e 2 a What are the objectives of NYCLASS? Safety clientservices@newyorkclass.org, by phone at (855) NYCLASS invests public-sector funds only in securities 804-9980, by fax at (855) 804-9981 or via the NYCLASS legally permitted under New York GML. NYCLASS and Online Transaction Portal at www.newyorkclass.org. NYCLASS Prime (for counties) are both rated 'AAAm' by Flexibility S&P Global Ratings. Additionally, NYCLASS is audited . . annually by an .independent, outside. auditinga firm.. Only You may establish multiple NYCLASS. subaccounts . to . _ . track and parallel your own internal fund accounting designated officials may conduct transactions, and funds . . . tee ge . : structures. You will receive an email notification when may be transferred only to previously authorized bank . : . accounts. The custodian. for NYCLASS .is U.S. Bank. your. comprehensive monthly statement . is available. online; statements show your transaction activity, Liquidity dividend postings, and yield summaries. These statements When you invest with NYCLASS, you have access to your have been specifically designed to facilitate public sector funds on any business day. You must notify NYCLASS of | fund accounting and to establish a clear accounting and your funds transaction requests by 12:00 p.m. ET. By audit trail for your investment records. offeringring daily Cally liquidity,siguialry. we aim to proviaeprovide yyou with the Competitivesae Returns flexibility you need to meet your daily cash needs. NYCLASS Participants can benefit from the professional Convenience investment expertise provided by Public Trust. To make cash management simple and efficient, NYCLASS — Participants in the NYCLASS fund can take advantage of includes many features that make it easy to access economies of scale relative to purchasing power, account information and simplify record keeping. transaction, and clearance costs as well as custody Transactions are conducted via the NYCLASS Online arrangements. Overall portfolio performance may be Transaction Portal at www.newyorkclass.org and may be — enhanced by the different cash flow cycles of the various entered at any time - up to 365 days in advance. Participants. Our dedicated Client Service team is available to assist | Legality with any matters related to the administration of your NYCLASS only invests in investments legally permitted account and can be reached by email at under New York State General Municipal Law. Have Questions? Contact us or visit www.newyorkclass.org for more information. ~ =a <7” vi Joel Friedman Lyn Derway Kathy Saville Chris Starr Senior Director Director Director Director joel.friedman@newyorkclass.org lyn.derway@newyorkclass.org kathy.saville@newyorkclass.org chris.starr@newyorkclass.org (646) 285-3280 (518) 307-0302 (716) 474-4369 (914) 844-2077
Any financial and/or investment decision should be made only after considerable research, consideration, and involvement with an experienced professional engaged for the specific purpose. The information presented should not be used in making any investment decisions. This material is not a recommendation to buy, sell, implement, or change any securities or investment strategy, function, or process. Please review the NYCLASS Information Statement(s) before investing. NYCLASS is not a bank. An investment in NYCLASS is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although NYCLASS seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. Past performance is not an indication of future performance. No assurance can be given that the performance objectives of a given strategy will be achieved. Any financial and/or investment decision may incur losses. A 'AAAm! rating by S&P Global Ratings is obtained after S&P evaluates a number of factors including credit quality, market price exposure, and management. Ratings are subject to change and do not remove credit risk. For more information on rating methodologies, visit www.spglobal.com.
Public Trust Advisors, LLC, a registered investment advisor with the U.S. Securities and Exchange Commission, provides investment advisory services to the Fund. PMA Securities, LLC, an affiliate of Public Trust Advisors, is a broker-dealer and municipal advisor registered with the SEC and MSRB and is a member of FINRA and SIPC and provides marketing, and securities and other institutional brokerage services.