Method and system for providing securities including a plurality of investment issues

#This invention relates a method and a system for providing operation entrusting type securities (for example, investment trusts etc.) in which an investor entrusts a third party (for example, investment institutions etc.) with operation of funds, and in particular, a method and a system which is capable of realizing a highly transparent operation management by an action in which an investor who provides funds in securities selects issues which are set in the securities, with regard to an operation management of securities which operation is entrusted to a specialized investment institution as seen in the investment trusts.

#In a security investment, it is vital to select investment choices (issues) appropriately and to manage the investment choices by diversifying them on some level and configuring a portfolio. Firstly, by diversifying the investment choices, change (risk) of fair values among the investment choices is balanced out and it is possible to return an entire risk as compared with a case in which investments are carried out individually. However, in order to carry out diversified investment, it is necessary to prepare a lot of funds for investing in many issues, and therefore, there is an aspect that it is hard for a tape watcher to do such a thing. Secondly, the portfolio once configured should not be continued to be held by fixing the issues and resource distribution ratios, and it is necessary to adjust appropriately the issues and resource distribution ratios of investment choices in conformity to economic circumstances from time to time. However, it is sometimes difficult for an investor who can not watch the market at all time to carry out the adjustment of the resource distribution without delay. A financial commodity which was developed for solving these two problems is the investment trust.

#The investment trust is of a mechanism in which the specialized investment institutions and so on which collected funds from many investors operate them and distribute results of their operations to the investors in accordance with amount of funds. A major role of the investment institution is to carry out investigations and analyses relating to economics or securities market and to carry out a selection of issues such as appropriate stocks, and bonds and debentures, and a resource distribution. Further, it is legally obliged to disclose investors information of issues to be incorporated and so on as to a situation of operations. The investors can enjoy a risk reduction effect due to the above-described diversified investment, by investing in the investment trusts, and further can entrust specialized institutions of asset management with selection of issues and resource distributions.

#The invention, together with further advantages thereof, may best be understood by reference to the following description taken in conjunction with the accompanying drawings in which:

#FIG. 1 is a flow chart showing processing of an embodiment of the invention;

#FIG. 2 is a whole structural view of the embodiment of the invention;

#An embodiment of the invention is characterized by having a unit adapted to obtain information of a funding amount of an investor, a unit adapted to obtain information of issues which are inputted by the investor as investment choices, a unit adapted to obtain information of issue-wise investment analysis, and a unit adapted to distribute the funding amount by the issues at an investment ratio (weight value) which reflects the information of the issue-wise investment analysis and to calculate an investment amount by issues. Hereby, it is possible to provide operation entrusting type securities in which an investor can select investment issues.

#Since the investor selects the issues, a possibility that issues which are not desired by the investor are incorporated in the operation entrusting type securities is excluded. Further, an operator is requested to carry out buying and selling by just the amount of money which was calculated by an operation system, and a possibility of illegal buying and selling such as the dressing buying is excluded. Furthermore, in case that the contents of operations within a scope relating to respective investors are disclosed only to the investors, transparency which is adequate for making investment analysis is secured. Accordingly, in the light of transparency of the operation contents for investors, there is no necessity to carry out the information disclosure more than a legal scope, as to a composition ratio by issues and a resource distribution ratio of entire funds which are configured by securities of the invention, and operational drawbacks are avoided. Further, since a policy for carrying out a resource distribution from investment analysis is clearly indicated, there is an advantage that it is easy for investors to understand the policy of operations.

#In a decision of an investment amount by issues, it is desirable to use weighted ratios reflecting information of investment analysis by issues which were prepared by specialized analysts and so on, and it is possible for investors to utilize the information of investment analysis prepared by the specialists. Further, since issues of investment choices and resource distribution ratios are appropriately adjusted in conformity to economic circumstances from time to time, it is desirable to add means for re-calculating the issue-wise investment amount in conformity to changes of issue-wise investment analysis, and it is possible to adjust the resource distribution to the issues appropriately in case that the investment analysis were changed. Further, in case that it is made to be possible that respective investors select analysts who make investment analysis, it is possible to give investors flexibility and feeling of consent in the investment analysis. In case that the investment analysis is made by many analysts, there is an advantage that a market impact in case that one analyst changed his/her investment analysis (advantages in which orders of buying and selling cause price fluctuation) is returned. Further, in case that a unit adapted to carry out buying and selling of issues by an issue-wise investment amount which was calculated is realized by a computer program and so on, it is possible to carry out prompt and small cost operations.