Patent ID: 8538860
Filing Date: 2013-09-17
Classification: G06Q

Abstract:
1. A non-transitory computer-readable medium comprising computer-readable instructions for implementing methods which create, modify, and manipulate units of a collective investment vehicle, and cause units to accurately track a linked index or specific investment strategy through the execution of steps, the computer-readable instructions comprising instructions for: creating units at an initial fixed price and a fixed par value, the fixed par value including values which differ from values at an opening of any market period; creating an intra-period price value which links the fixed par value to returns for an applicable partial period to produce a system generated intra-day transacting price; and manipulating units outstanding at a close of each market period such that the units determine an equivalent value based on a reset to the initial fixed price, and creating an adjusted par value by adjusting the fixed par value in a counterbalancing direction responsive to the equivalent value determined; and the adjusted par value is determined according to P