About CSAFE
Colorado Surplus Asset Fund Trust, Serving Our State Since 1988
The Colorado Surplus Asset Fund Trust (CSAFE) was formed in 1988 and is a local government investment pool developed by Colorado local governments for Colorado local governments. CSAFE’s sole purpose is to serve as a cash management resource to Colorado’s local governments.
CSAFE Investment Pools at a Glance
CSAFE offers two investment products that, when utilized in tandem, provide a comprehensive cash management solution for Colorado’s local governments.
| Feature | CSAFE Cash | CSAFE Colorado Core |
|---|---|---|
| Primary Objective | ||
| Best For | Short-term cash management, immediate liquidity needs | Entities seeking slightly higher returns with a longer horizon |
| Net Asset Value (NAV) | Stable $1.00 | $2.00 transaction share price |
| Liquidity | Same-Day Liquidity | Next-Day Liquiditiy |
| Transaction cut-off time | 1:30pm MT | 1:30pm MT |
| Ratings | AAAmmf (Fitch Ratings) | AAAf/S1 (Fitch Ratings) |
| Oversight | Board of Trustees, Independent Auditor, and the Colorado Division of Securities | |
Here are just a few of the benefits of participating in CSAFE:
- Fiduciary Oversight: CSAFE is governed by a Board of Trustees composed of local government finance officials. The Board manages the Program in strict accordance with the Indenture of Trust on behalf of the participants in the Trust.
- Professional Management: The Board of Trustees engages with firms and financial institutions that possess deep experience in and knowledge of Colorado public funds management. See more here.
- Track Record of Reliability: CSAFE has been steadfastly serving Colorado local governments’ cash management needs since 1988. Read more here.
- Unlimited Subaccounts: Leverage CSAFE’s modern and secure participant portal to manage your local government’s operating funds, non-operating funds, and strategic reserves. Segregate your funds according to their purpose and generate monthly statements for each subaccount.
- Participant-to-Participant Transfers: Send funds to local governments that also participate in CSAFE from the participant portal.
- An Extension of Your Team: The Participant Relations team at CSAFE is a resource for you and your local government for everything from investment policy statement reviews to cash flow analyses to Board and Council presentations. They are here to assist you with anything you need related to managing your CSAFE account.
CSAFE
CSAFE exists to help municipalities, counties, school districts, and special districts manage their short-term investments responsibly. With more than 700 participating entities, CSAFE provides an investment platform rooted in:
Capital Preservation – Principal protection as the top priority.
- Transparency – Independent oversight and clear governance.
- Liquidity – Daily access to funds when participants need them.
- Compliance – Investments strictly aligned with Colorado Revised Statutes.
Our commitment is to ensure every decision safeguards community resources and supports the financial health of Colorado’s public entities.
CSAFE Cash
CSAFE Cash is designed for local governments seeking secure, short-term investment options with the flexibility of daily liquidity. Key features include:
- Stable $1 Net Asset Value (NAV)
- Same-day liquidity and easy fund access
- Highest ratings of AAAm (S&P) and AAAmmf (Fitch)
- Focus on safety, liquidity, and transparency
This pool provides a dependable solution for entities that prioritize cash preservation and quick availability of funds.