Patent ID: 8463675

Claim:
A computer program product comprising a computer useable medium having computer readable program code embodied therein for managing an exchange traded fund, the computer program product comprising computer readable program code devices configured to cause a computer system to: at a first computer system, determine whether income from securities comprising capital assets of the exchange traded fund that may be used to pay distributions to shareholders of the exchange traded fund, at least some of said capital assets having a value that is stated by the exchange traded fund as being available to be traded to pay distributions of the exchange traded fund, the exchange traded fund having shares traded on an exchange at a second computer system coupled to the first computer system via a network, are sufficient to supply funds for a distribution to be made to shareholders of the exchange traded fund, at least some of whom purchased shares in the exchange traded fund at the second computer system, at least some of said shares having been sold by an authorized participant; and responsive to the determination that income from the capital assets of the fund are not sufficient to supply funds for the distribution, provide the distribution to shareholders of the ETF, the distribution being provided at least in part by obtaining cash for the value of securities comprising at least some of the capital assets of the exchange traded fund that were used to calculate a net asset value of the exchange traded fund.