Crossfund.TM. investment process

  • US 6,073,116 A
  • Filed: 03/07/1997
  • Issued: 06/06/2000
  • Est. Priority Date: 03/07/1997
  • Status: Expired due to Fees
First Claim
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1. A computer-implemented Cross-Fund portfolio investment method that enables investors to obtain an international mutual fund while eliminating initial currency conversion costs comprising the steps of:

  • making a simultaneous offering during an offering period of the Cross-Fund portfolio investment in two markets, one market being international with respect to the other;

    setting a fixed investment period;

    investing each investor'"'"'s funds in a mutual fund in each investor'"'"'s respective home market;

    obtaining an official currency rate between the markets at the close of the offering period;

    exchanging of rights to profit and loss for the fixed investment period between each investor'"'"'s mutual fund at said official currency exchange rate; and

    recording the exchange of rights by appropriate regulation, wherein each investor now owns the value of the other investor'"'"'s mutual fund in the international market.

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