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Riverside County investment fund receives highest possible rating

 

Last updated 10/12/2018 at 12:04am



RIVERSIDE – A major financial rating company has affirmed the safety and security of funds that the Riverside County Treasurer’s offices invests and protects on behalf of local government agencies.

The Treasurer’s Pooled Investment Fund consists of $5 billion to $8 billion pooled among the county, school districts and numerous local cities and government agencies. Fitch Ratings affirmed the fund’s AAA rating, which is the highest possible rating.

“The safety of these funds is the Treasurer’s No. 1 priority,” Jon Christensen, Riverside County’s elected treasurer-tax collect...



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