Wires are sent every hour with the final distribution taking place shortly after the close of the fund at 11:00 a.m. PT; distribution times are subject to change as needed by the California CLASS Administrator.

No; for your security, everyone will be required to have their own online user account that is tied to a unique email address. We do not allow multiple contacts to use the same email address.

Once logged in, Participants can update their phone number by selecting My Account in the upper right-hand corner of the portal.

Participants can change their passwords by visiting the California CLASS Online Transaction Portal and following the instructions for resetting your password. Once logged in, Participants can also update their password by selecting My Account in the upper right-hand corner. Usernames cannot be changed. Should you run into difficulties, the Client Service team is happy to assist.

In most cases, login credentials will be distributed on the same day as requested; otherwise, credentials will be available on the following business day.

All Participants will receive login credentials upon the establishment of their account via email. If you do not currently have online credentials, please reach out to Client Services at (877) 930-5213 or email clientservices@californiaclass.com.

Reporting features available in the California CLASS Online Transaction Portal include access to monthly statements, transaction confirmations, and details highlighting past, present, and future dated transactions.

The California CLASS Online Transaction Portal allows Participants to make contributions, withdrawals, and transfers between subaccounts as well as to other approved California CLASS Participants. Users can pre-date important transactions, ensuring that they are handled reliably and avoiding unfortunate timing issues or cash access emergencies. The portal also allows for dual approval of transactions.

The California CLASS Online Transaction Portal is a secure, Internet-based transaction system that allows registered California CLASS Participants to self-manage their California CLASS investments. The portal is available 24/7, 365 days a year.

To download your California CLASS statements, please go to the Accounts Menu in the portal. From there, please navigate to the Documents Section. Statements are not emailed for the security of the California CLASS Participants’ account information.

Please email your audit confirmation to clientservices@californiaclass.com and provide either a fax number or email for receipt.

California CLASS is also accessible on www.confirmation.com and will receive notification of your audit confirmation on the platform. When looking to send a balance confirmation request, please enter “Public Trust Advisors” as the responder.

Audit confirmations sent via USPS may experience a significant delay, so we strongly encourage email confirmations.

No, California CLASS does not have a policy against providing a copy of the daily investment holdings. If a Participant requests a copy of the investment holdings report, we will provide a copy. The investment holdings report shows the investment positions for that day.

Enrolling in  California CLASS is simple. Under applicable California Government Code, California public agencies may invest in shares of beneficial interest issued by a joint powers authority. After reading the California CLASS Joint Exercise of Powers Agreement and the relevant Information Statements and Investment Policies, Participants may join the program by:

1. Read the applicable Information Statements (California CLASS Prime and/or California CLASS Enhanced Cash)
2. Complete and submit the California CLASS Registration Packet to the California CLASS Client Service Team via email or fax at (877) 930-5214.
3. After the approval of the above documents, your public agency will receive confirmation that your account has been accepted as a California CLASS Participant.

Keep the original forms for your records; all of these forms can be found in the Document Center. If you have any questions, please contact us; we would love to hear from you!

California CLASS Prime is rated ‘AAAm’ by S&P Global Ratings Services, the highest rating assigned to principal stability government investment pools. This rating reflects the conservative nature of the pool’s investments as well as the excellent credit quality of the program. S&P Global Ratings monitors the pool on a weekly basis.

A ‘AAAm’ rating by S&P Global Ratings is obtained after S&P evaluates a number of factors including credit quality, market price exposure, and management. Ratings are subject to change and do not remove credit risk.

California CLASS 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.

The California CLASS offices are open Monday through Friday from 8:00 a.m. until 4:00 p.m. PT. Please consult the Client Services Page for California CLASS closures.

There is no minimum investment amount for California CLASS.

1. Safety of Principal
   • Safety of principal is the foremost objective of the investment program. Investments are undertaken in a manner that strives to ensure the preservation of capital
   • To maintain the highest rating for California CLASS from a nationally recognized statistical rating organization
2. Liquidity of Funds 
   • Portfolios are managed to remain sufficiently liquid to enable Participants to meet cash flow needs which might be reasonably anticipated
3. Investment Return 
   • Portfolios are designed to generate a competitive rate of return without undue compromise of the safety and liquidity objectives
4. Transparency
   • Portfolios are operationally enabled  to allow Participants to readily obtain portfolio and account information via an easy-to-use technology platform

Pursuant to the JPA Agreement, the management of California CLASS is governed by a Board of Trustees comprised of eligible Participants of California CLASS. The Board supervises the California CLASS and its affairs and acts as the liaison between the Participants, the Custodian, the Administrator, the Investment Advisor, and all service providers.

California CLASS is open to all public agencies as defined in California Government Code Section 6509.7. California CLASS is a joint powers entity and public agency that is managed by a Board of Trustees comprised of eligible Participants of the program.

California CLASS may only invest in a manner that is permitted pursuant to the laws of the state of California and California Government Code Section 6509.7. Furthermore, investments are made in accordance with the program’s investment policy that is structured to achieve the highest attainable rating for local government pools from a nationally recognized statistical ratings organization.

California CLASS does not limit the number of transactions Participants can do.

Once logged in, Participants can update their contact information and notification preferences by selecting My Account in the upper right-hand corner of the portal. From there, changes can be made under the Contacts section at the bottom of the page.

Please visit the FAQs in the Help Section of the California CLASS Online Transaction Portal to download and fill out the Signatory Amendment Form.

California CLASS does not limit the number of subaccounts Participants can have.

These changes can be made in writing to clientservices@californiaclass.com.

Please visit the FAQs in the Help Section of the California CLASS Online Transaction Portal to download and fill out the Bank Amendment Form. Many banking institutions have separate ABA/routing numbers depending on whether the transactions are being processed via wire or ACH. Please contact your local banking representative to ensure that you are providing California CLASS Client Services with the appropriate account information.

Many banking institutions have separate ABA/Routing Numbers depending on whether the transactions are being processed via wire or ACH. Please contact your local banking representative to ensure that you are providing California CLASS Client Services with the appropriate account information. The instructions to send money into California CLASS can be found in the California CLASS Transaction Portal.

Next-day ACH requests must be received by 11:00 a.m. PT (24 hours in advance).

Wires are funds transferred via the Federal Reserve Wire System and can be processed and received by your beneficiary bank on the same day if the transaction is requested prior to the 11:00 a.m. PT cut-off. ACHs (Automated Clearing House) are processed overnight and are generally available to the beneficiary bank one business day after the transaction request has been made.

Transactions (withdrawals, contributions, transfers) conducted via the portal, telephone, or fax must be submitted by 11:00 a.m. PT for same-day processing.

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