Patent ID: 8095446

Claim:
A system for automatically transferring an asset from one fund to another, the system comprising: an asset invested in a first collective investment fund; a collective investment fund database having information about a plurality of available collective investment funds and used in determining which of the plurality of collective investment funds meet a user predetermined criteria, the plurality of available collective investment funds including the first collective investment fund, the first collective investment fund failing to meet the user predetermined criteria, and a second collective investment fund, the second collective investment fund meeting the user predetermined criteria; wherein the information in the collective investment fund database comprises, for each collective investment fund, an asset size of the collective investment fund, a gross performance of the collective investment fund, and a net collective investment fund performance; a computer connected to the collective investment fund database; and wherein the user predetermined criteria is stored on the computer including a condition specific to the first collective investment fund that triggers a transfer of the asset; wherein the computer automatically and without any user intervention monitors the first collective investment fund until the first collective investment fund does not meet the user predetermined criteria, evaluates the plurality of available collective investment funds, selects, from the plurality of available collective investment funds, the second collective investment fund, the second collective investment fund best matching the user predetermined criteria, and transfers the asset from the first collective investment fund to the second collective investment fund.