Patent ID: 8117108
Filing Date: 2012-02-14
Classification: G06Q

Abstract:
1. A computer-implemented method comprising: receiving, by a microprocessor, public information about an actively managed fund; selecting a group of financial assets for a proxy creation unit; determining, by the microprocessor, a group of weights for assets in the group of financial assets, the weights being determined by executing an algorithm that uses only public, information of the actively managed fund, and which excludes information that reveals risk exposure of a current composition of an actual creation unit of the actively managed fund, and with the weights determined based on the public information to minimize tracking error between an expected valuation for the proxy creation unit and an expected valuation of an actively managed fund with the expected valuation for the proxy creation unit being within a threshold percentage of the expected valuation of the actual creation unit of the actively managed fund based on the actual assets in the fund; and disseminating an electronic communication to publish the contents of the group of financial assets and the determined weights.