The Ocean State Investment Pool (OSIP), established by the General Assembly in June 2011 is currently managed by Fidelity Investments. By creating economies of scale, OSIP is designed to provide a competitive cash investment option for Rhode Island municipalities and public agencies.
The pool, created by Treasury under the guidance of the Rhode Island State Investment Commission, is a voluntary, safe, liquid, low-cost alternative investment vehicle that should help to improve and grow resources. The goals of the pool are to balance capital preservation with competitive returns, while providing trusted investment options.
The benefits of joining the OSIP Cash Portfolio, a money market portfolio include:
To learn more about OSIP, please visit https://advisor.fidelity.com/osip or call 1-855-900-OSIP.