Beta adjustment for leveraged index products

Details Beta adjustment for leveraged index products Beta adjustment for leveraged index products

2007-03-01

2010-11-09

Kyle, Charles R (Department: 3695)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S037000

Reexamination Certificate

active

07831497

ABSTRACT:
A technique to provide a return from an aggregate of an investment in a cash equivalent account and a leveraged index product account over a time period that is substantially equivalent to a multiple of the return of a theoretical position in an underlying index for the period of time is provided by calculating in a computer system a benchmark exposure of the theoretical position in the underlying index corresponding to the index used in the leveraged index fund; and based on the benchmark exposure, determining whether to initiate a transaction to re-allocate funds from the leveraged index product to a cash equivalent account or from the cash equivalent account to the leveraged index product according to the determined daily benchmark exposure.

REFERENCES:
patent: 5926792 (1999-07-01), Koppes et al.
patent: 2006/0100949 (2006-05-01), Whaley et al.
patent: 2006/0277124 (2006-12-01), Gerrietts, II
Rosalyn Retkwa, “Up Funds in a Down Market: How inverse index funds can work for clients—and brokers,” On Wall Street. New York, May 1, 2003, p. 1. Retrieved from ProQuest.

Affiliated with

Also associated with

Rating

Beta adjustment for leveraged index products does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Beta adjustment for leveraged index products, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Beta adjustment for leveraged index products will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-4249999