IN THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF DELAWARE
ORDER REGARDING THE COURT
REGISTRY INVESTMENT SYSTEM
MINORS' FUND
WHEREAS the Court's registry funds are currently pooled together with registry funds from
other courts and invested, via the Court Registry Investment System ("CRIS"), in short-term
nonmarketable Government Account Series ("GAS") securities managed under the Treasury's
Bureau of Public Debt's Federal Investment Program. These short-term GAS securities, each
maturing within 100 days or less, are laddered within the Liquidity Fund to ensure sufficient funds
are available to meet the disbursement needs of participating courts.
WHEREAS the Administrative Office recently established a Minors' Fund within CRIS to
invest post-adjudication deposits held on behalf ofminors until their age of majority, which is often
longer than 100 days. Specifically, the Minors' Fund continues to feature daily liquidity but will
initially be comprised ofa laddered portfolio of one-year securities maturing each month. Thus, the
fund improves the match between investment holdings and the length of time each minor's case
remains invested, thereby capitalizing on higher-yielding securities.
IT IS ORDERED the Court transfer registry funds currently held in CRIS's Liquidity Fund
on behalf of post-adjudicated minor's cases to the Minors' Fund. It is further ORDERED that as
future cases are adjudicated on behalf ofminors, the associated registry deposits be invested via the
Minors' Fund.
This the ~I~y of AJ j -\i \;' 2014.
