The Ocean State Investment Pool

OSIP Logo

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:

  • Consistent and competitive yields at costs lower than other products in the market
  • Flexible and convenient access to portfolio funds with withdrawal, purchase and account information available by phone or web
  • Access to experienced, professional portfolio managers and credit research analysts
  • Daily access for liquidity
  • Daily accrual of dividends, regardless of the size or time of the investment

To learn more about OSIP, please visit https://advisor.fidelity.com/osip or call 1-855-900-OSIP.

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