The Nebraska CLASS Client Service Team is available Monday through Friday from 8:30 a.m. until 4:30 p.m. CT. Please consult the Client Services Page for Nebraska CLASS office closures.

There is no minimum investment amount for Nebraska CLASS.

Nebraska CLASS is accessible on www.confirmation.com – select the name “Public Trust Advisors” when entering your request.  Client Services will receive notification and process your audit confirmation on the platform.

Alternatively, you may email your audit confirmation to clientservices@nebraskaclass.com and provide either a fax number or email for receipt.

Audit confirmations sent via USPS may experience a significant delay, so we strongly encourage the first two methods.

1. Safety of Principal  
   • To minimize risk by managing portfolio investments aiming to preserve principal and only invest in securities that are permitted pursuant to the laws of the State of Nebraska
2. Liquidity of Funds 
   • To manage portfolio investments in a way that permits cash to be available as required to finance Participants’ operations
3. Yield 
   • To strive maximize current income to the degree consistent with legality, safety, and liquidity

Nebraska CLASSS does not charge any transaction fees to its Participants. However, your receiving bank may have wiring fees and/or incoming ACH fees, therefore we recommend checking with a representative at your bank to discuss the potential costs.

Any Nebraska public agency, including any county, city, village, school district, natural resource district, public power district, sanitary improvement district, or other municipal corporation or political subdivision of the State of Nebraska may be eligible to participate in Nebraska CLASS.

Enrolling in Nebraska CLASS is simple. After reading the Declaration of Trust and Interlocal Agreement, follow these steps:

1. Pass a resolution authorizing participation in Nebraska CLASS
2. Complete the Nebraska CLASS Registration Packet.
3. Submit items 1 & 2 to the Nebraska CLASS Client Service Team for processing at clientservices@nebraskaclass.com.
4. Upon review and approval, you will receive confirmation that you have been accepted as a Nebraska CLASS Participant.

Nebraska CLASS is supervised by a Board of Trustees comprised of eligible Participants of the Nebraska CLASS program. The Board of Trustees supervises Nebraska CLASS and its affairs and acts as the liaison between the Participants, the Custodian, and the Program Administrator. The Board administers the affairs of Nebraska CLASS and enters into contracts and agreements on behalf of the Program in order to effectuate the terms of the Declaration of Trust and Interlocal Agreement. It also selects the Program Administrator, Investment Advisor, and the Custodian, subject to the terms of the Declaration of Trust and Interlocal Agreement.

Investing involves risks including the possible loss of principal. The investment decisions made by Nebraska CLASS are subject to certain risks and such decisions may not always be profitable. Nebraska CLASS does not guarantee returns or performance against stated benchmarks. Past performance is not a guarantee of future results. Many factors affect performance including changes in market conditions and interest rates and in response to other economic, political, or financial developments. The following is a summary of common risks associated with investing in fixed-income securities.

Interest Rate Risks

The prices of the fixed-income securities in Nebraska CLASS will rise and fall in response to changes in the interest rates paid by similar securities. Generally, when interest rates rise, prices of fixed-income securities fall. However, market factors, such as demand for particular fixed-income securities, may cause the price of certain fixed-income securities to fall while the price of other securities rise or remain unchanged. Interest rate changes have a greater effect on the price of fixed-income securities with longer maturities. The Investment Advisor will seek to manage this risk by purchasing short-term securities.

Credit Risks

Credit risk is the possibility that an issuer of a fixed-income security held in Nebraska CLASS will default on the security by failing to pay interest or principal when due. If an issuer defaults, Participants in Nebraska CLASS may incur loses. The Investment Advisor will seek to manage this risk by purchasing high quality securities as determined by one or more Nationally Recognized Statistical Ratings Organizations and/or the Investment Advisor’s credit research team.

Stable Net Asset Value Risks

Although Nebraska CLASS is managed to maintain a stable NAV of $1.00 per Share, there is no guarantee that it will be able to do so.

Investment Not Insured or Guaranteed Risk

An investment in Nebraska CLASS is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Liquidity Risk

Nebraska CLASS is subject to certain liquidity risks in which the size of a bond’s market, the frequency of trades, the ease of valuation, and/or issue size may impact the Investment Advisor’s ability to sell investments in a timely fashion or at or near fair value in order to fulfill a Participant’s redemption request.

Market Risk

Market risk is the risk that the value of securities owned goes up or down, sometimes rapidly and/or unpredictably, due to factors affecting securities markets generally or within particular industries.

Issuer Risk

The risk that the value of a security declines for a reason directly related to the issuer such as management performance, financial leverage, and reduced demand for the issuer’s goods or services.

Default Risk

The risk that a bond issuer (or counterparty) will default by failing to repay principal and interest in a timely manner.