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Open end mutual fund securitization process

  • US 20030004851A2
  • Filed: 04/24/2001
  • Published: 01/02/2003
  • Est. Priority Date: 10/12/1995
  • Status: Abandoned Application
First Claim
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1. 53. A method comprising the steps of:

  • creating a derivative based on a unit investment trust having a number of shares and having a portfolio comprising of securities within a subgroup of a group of securities and satisfying an investment objective;

    trading the derivative on an exchange at a price related to the securities within the portfolio; and

    outputting an indication of the price in a humanly readable format.

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