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System and method for continuously offered guaranteed mutual fund with allocation to risky market investments

  • US 8,249,974 B1
  • Filed: 01/20/2012
  • Issued: 08/21/2012
  • Est. Priority Date: 06/08/2006
  • Status: Expired due to Fees
First Claim
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1. A system operative to guarantee on a daily basis a minimum return by an open-ended fund on a maturity date, the fund comprising assets having an allocation on a commencement date of the guarantee and which correlate to a benchmark, comprising:

  • a valuation engine comprising a processor configured by code to;

    quantify an aggregate net asset value (ANAV) of the assets of the fund as of a current date after the commencement date;

    re-price a notional amount of at least one guarantee contract in view of changes in the ANAV relative to the ANAV on a prior date, wherein each said guarantee contract is separate from and in addition to said assets of the fund;

    price the fund at the close of the current date by adding each re-priced guarantee contract to the ANAV while the assets retain the allocation of the commencement date;

    publish the price for use on the current date; and

    a network connection configured to provide the published price to a client machine.

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