The Missouri Capital Asset Advantage Treasury (MOCAAT) was established in 2020 by Missouri public entities and associations seeking a full-service investment program to offer investments that maintain safety and liquidity while providing a competitive yield. The Program includes a full range of investment options and services, including online transactions and reporting.

MOCAAT provides a vehicle for investment in U.S. government obligations, agencies, commercial paper and other high-quality short-term instruments allowable under MO State Statutes. The combined purchasing power of public entities contributes to attractive interest rates for MOCAAT Participants.

The MOCAAT resolution must be approved by each participating entity’s governing body. Once an account is opened and a resolution is approved, an entity can invest any time excess funds are available. There is no minimum investment for MOCAAT and an Instrument of Adoption must be signed.

MOCAAT provides a daily liquid portfolio with a stable net asset value $1.00 fund with a variable rate of interest called the Liquid Series and offers a number of fixed term fixed rate investments, each such Series called a Term Series. In addition, Participants may purchase investment in their name for their portfolio through a program of MOCAAT called the Fixed Rate Investment Program. The Fixed Rate Investment Program is offered through PMA Financial Network, LLC and PMA Securities, LLC.

Authorized officials, as identified in each Participant’s MOCAAT resolution, can electronically enter investments and withdrawals directly into MOCAAT accounts 24 hours a day, seven days a week using our robust online access platform – PMA GPS®. Funds may also be transferred by placing a call to a member of MOCAAT’s portfolio advisory team.

As Fund Administrator, PMA’s Government Portfolio System (PMA GPS®) is a password-protected secure Internet-based investment execution and reporting tool for Participants in MOCAAT. Users can download forms and Fund documentation, view and update current account information, view and download current and historical account statements and initiate transactions with the investment pool. PMA GPS® also enables MOCAAT Participants to:

• View monthly account statements, daily confirmation statements, historical statements and fixed rate investment portfolios
• Enter transactions up to a year in advance as long as they follow any unique restrictions of the fund, including designated cutoff times
• Access their accounts online at any time, on a secure server generally 24 hours a day, 7 days a week
• Process a variety of transactions over a secure server

MOCAAT’s sponsors include EducationPlus, the Cooperating School Districts of Greater Kansas City, the Missouri Association of Rural Education (MARE), and the Greater Ozarks Cooperating School Districts who brought together members of their respective associations to establish MOCAAT and provide a new level of service and performance for Missouri public entities.