
Welcome to MagicFund.org, the website of the Minnesota
Association of Governments Investing in Counties
The Minnesota Association of Governments Investing for Counties (MAGIC) is a joint powers
entity in the form of a common law trust organized and existing under the laws of the State
of Minnesota in accordance with the provisions of the Minnesota Joint Powers Act. The MAGIC
Fund was established in the fall of 1990 by the adoption of the Declaration of Trust by the
initial Participants.
The general objective of the MAGIC Fund is to provide the Participants the highest possible
investment yield while maintaining liquidity and preserving capital by investing only in instruments
authorized by Minnesota Laws which govern the investment of the funds by Counties. The MAGIC Fund
seeks to attain its investment objectives by pursuing a professionally managed investment program
consistent with the policies and restrictions described in the Information Statement.
Related Sites: MDF
|