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356 226.016 GOVERNMENT CODE -' Title 10 required for the entity to invest funds in and withdraw funds from the * pool; and (12) the performance history of the pool, including yield, average dollar= weighted maturities, and expense ratios. (c) To maintain eligibility to receive funds from and invest funds on behalf of an entity under this chapter, an investment pool must furnish to the investment officer or other authorized representative of the entity: (1) investment transaction confirmations; and (2) a monthly report that contains, at a minimum, the following inforna- tion:. (A) the types and percentage breakdown of securities in which the pool is invested; (B) the current average dollar - weighted maturity, based on the stated maturity date, of the pool; (C) the current percentage of the pool's portfolio in investment's that have stated imaturiries of more than one year; (D) the book value versus the masker value of the pool's portfolio, usinsr amortized cost valuation: (E) the size of the pool; (F) the number of participants in the pool; (G) the custodian bank that is safekeeping the assets of the pool: (H) a listing of daily transaction actii ity of the entity pardcivatinz in the pool; (I) the vield and expense ratio of the pool; M the portfolio -managers of the pool: and (K) any changes or addenda to the offering circular: (d) An entity► by contract may delegate to an investment pool the authoriry to hold legal title ' custodian of investments purchased with its local funds. (e) In this section, "yield" shall be calculated in accordance with regulations governing the registration of open -end management investment companies under the Investment Company Act of 1940, as promulgated from time to.time by the federal Securiries and Exchange Commission. (f) To be eligible to receive funds from and invest funds on behalf of an entity under this chapter, a public funds investment pool created to function as a money market mutual fund trust mark its portfolio to market daily, and, to the extent reasonably possible, stabilize at a S 1 net asset value. If the ratio of the market value of the portfolio divided by the book value of the portfolio is less 1 r than 0.995 or greater than 1.005, portfolio holdings shall be- sold as necessary to maintain the ratio between 0.995 and 1.00. (g) To be eligible to receive funds from and invest funds on behalf of an entity under this chapter, a public funds investment pool must have an advisory board composed: -�'�-