Synthetic funds having structured notes

A process for creating and issuing a synthetic fund comprising:

• receiving a request to purchase at least one structured note, where the request comprises:
• an amount of the at least one structured note;
• and
• at least one term of the at least one structured note, where the at least one term of the note includes:
• a) a valuation of the at least one structured note based on at least one objective valuation measure;
• and
• b) a time period for redeeming the at least one structured note generating the at least one structured note based on the request;
• receiving payment for the at least one structured note;
• and
• issuing the at least one structured note, where the at least one structured note is an unsecured liability of the obligor.

A process for creating and issuing a synthetic fund comprising:

• receiving a request to purchase at least one structured note, where the request comprises:
• an amount of the at least one structured note;
• and
• at least one term of the at least one structured note, where the at least one term of the note includes:
• a) a valuation of the at least one structured note based on at least one objective valuation measure, where the valuation is based on the at least one objective valuation measure without a predetermined amount of fees associated with the objective evaluation measure;
• and
• b) a time period for redeeming the at least one structured note, where the valuation of the at least one structured note is based in part on the time period for redeeming the at least one structured note;
• generating the at least one structured note based on the request;
• receiving payment for the at least one structured note, where the payment for the structured note is based on the objective valuation measure at the time of the payment;
• and
• issuing the at least one structured note, where the at least one structured note is an unsecured liability of the obligor.

A system for issuing a structured note for a synthetic fund, the system comprising:

• a request module for receiving a request to purchase the structured note;
• a generating module for generating the structured note;
• an purchase module for receiving payment to purchase the structured note;
• and
• an issuing module for issuing the structured note in response to the request, where the structured note is an unsecured liability of the obligor.

A system for issuing a structured note for a synthetic fund, the system comprising:

• a request module for receiving a request to purchase the structured note, where the request comprises the terms of the structured note and the amount of purchase, and where the terms of the at least one structured note further comprise the valuation of the structured note and a time period for redeeming the at least one structured note;
• a generating module for generating the structured note, where the generating module generates a unique identifier for the structured note and where the purchaser has an identifier;
• an purchase module for receiving payment to purchase the structured note;
• an issuing module for issuing the structured note in response to the request, where the structured note is an unsecured liability of the obligor;
• and
• a storage module, where the storage module stores and links the unique identifier for the structured note and the purchaser identifier.

A system for issuing a structured note for a synthetic fund, the system comprising:

• means for receiving a request to purchase the structured note;
• means for generating the structured note;
• means for receiving payment to purchase the structured note;
• and
• means for issuing the structured note in response to the request, where the structured note is an unsecured liability of the obligor.

A system for issuing a structured note for a synthetic fund, the system comprising:

• means for receiving a request to purchase the structured note, where the request comprises the terms of the structured note and the amount of purchase, and where the terms of the at least one structured note further comprise the valuation of the structured note and a time period for redeeming the at least one structured note;
• means for generating the structured note, where the generating module generates a unique identifier for the structured note and where the purchaser has an identifier;
• means for receiving payment to purchase the structured note;
• means for issuing the structured note in response to the request, where the structured note is an unsecured liability of the obligor;
• and
• means for storing and linking the unique identifier for the structured note and the purchaser identifier.

A computer readable medium for causing a process to issue a structured note for a synthetic fund, the medium comprising:

• code for receiving a request to purchase the structured note;
• code for generating the structured note;
• code for receiving payment to purchase the structured note;
• and
• code for issuing the structured note in response to the request, where the structured note is an unsecured liability of the obligor.

A computer readable medium for causing a processor to issue a structured note for a synthetic fund, the medium comprising:

• code for receiving a request to purchase the structured note, where the request comprises the terms of the structured note and the amount of purchase, and where the terms of the at least one structured note further comprise the valuation of the structured note and a time period for redeeming the at least one structured note;
• code for generating the structured note, where the generating module generates a unique identifier for the structured note and where the purchaser has an identifier;
• code for receiving payment to purchase the structured note;
• code for issuing the structured note in response to the request, where the structured note is an unsecured liability of the obligor;
• and
• code for storing and linking the unique identifier for the structured note and the purchaser identifier.