HomeMy WebLinkAboutAttachment reinvest depositAt a rate of .65%, the CDARS investment will return interest of approximately $13,000.
The approximate additional gain realized by the CDARS investment at a rate of .65% in
comparison to that which would be earned by the City's existing investment managers,
assuming current rates of return remaining constant and compounded interest earnings:
$4,300 vs San Diego County Pooled Money Fund (.435%);
$7,000 vs LAIF (.3%); and
$10,700 (adjusted for estimated fees) vs Chandler Asset Management (.173%).