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AssigneeThe American Stock Exchange, LLC, a Delaware corporation
InventorsGary L. Gastineau, Clifford Weber
Estimating the term…
A system for determining a basket of financial instruments for hedging investment risk in actively managed exchange traded funds is described. The system uses a trusted computer system and includes a computer storage medium storing a computer program product. The product determines the basket of hedging instruments by extracting factor information from a portfolio of the actively managed exchange traded fund and determining factors that affect the price of the exchange traded fund. The program can select a portfolio of instruments with similar behavior with respect to the determined factors to produce a hedging portfolio that tracks the price of the exchange traded fund.
A method of hedging investment risk in actively managed exchange traded funds, comprises:
A computer program product residing on a computer readable medium for hedging investment risk in actively, managed, exchange traded funds, comprises instructions for causing a computer to:
A computer system for determining a basket of securities for hedging investment risk in actively managed exchange traded funds, comprises:
A method of calculating a Net Asset Valuation proxy comprises:
Dependencies are inferred from the claim text.