Reflecting on 35 Years of CAMP

Thank you from the California Asset Management Program

In 2024, CAMP celebrates 35 years of working with California public agencies!

A quick look back shows growth in ways that we hope are meaningful to our Shareholders and the communities they represent.

CAMP was founded in 1989 and began accepting operating funds in 1996.

By 2003, pool assets reached $1 billion, the first of several asset milestones CAMP would see in years to come.

In 2005, an investor share class was added and shares of Joint Powers Authorities were added to California Government Code.

Over the years, CAMP saw remarkable growth as Pool assets grew from $1 billion two decades ago to over $17 billion, as of December 26, 2023.

In 2023, CAMP Term was launched, offering Shareholders a new investment option.

Thank you to our Shareholders and to past and present board members for being part of CAMP's history. You all helped shape this program.

Here's to another 35!

To learn more about CAMP and investment pools, sign up for our upcoming webinar.

CAMP's 35th Anniversary

Click here to see what CAMP is celebrating in 2024!

Updated Information Statement Available

An updated Program Guide, dated October 1, 2024, is now available for review. Please click here to access the document. If you have any questions, please email CSGMWW@pfmam.com.

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*Standard & Poor’s fund ratings are based on analysis of credit quality, market price exposure, and management. According to Standard & Poor’s rating criteria, the AAAm rating signifies excellent safety of invested principal and a superior capacity to maintain a $1.00 per share net asset value. However, it should be understood that the rating is not a “market” rating nor a recommendation to buy, hold or sell the securities. For a full description on rating methodology, visit http://www.standardandpoors.com/en_US/web/guest/home.

CAMP_® is a registered trademark and the CAMP logos and designs are trademarks owned by the California Asset Management Trust (Trust).

This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security. Investors should consider the Trust’s investment objectives, risks, charges and expenses before investing in the Trust. This and other information about the Trust is available in the Trust’s current Information Statement, which should be read carefully before investing. A copy of the Trust’s Information Statement may be obtained by calling 1-800-729-7665 or is available on the Trust’s website at www.camponline.com. While the Cash Reserve Portfolio seeks to maintain a stable net asset value of $1.00 per share and the CAMP Term Portfolio seeks to achieve a net asset value of $1.00 per share at the stated maturity, it is possible to lose money investing in the Trust. An investment in the Trust is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Shares of the Trust are distributed by U.S. Bancorp Investments, Inc., member FINRA (www.finra.org) and SIPC (www.sipc.org). PFM Asset Management is a division of U.S. Bancorp Asset Management, Inc., which serves as administrator and investment adviser to the Trust. U.S. Bancorp Asset Management, Inc. is a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S. Bancorp. U.S. Bancorp Investments, Inc. is a subsidiary of U.S. Bancorp and affiliate of U.S. Bank N.A.