Systems and methods for determining an index value and/or a net asset value of one or more components of a fund

Abstract

Systems and methods for determining an index value or the net asset value of one or more components of a fund. Methods of calculating an index value and/or a NAV of a component of a fund, the index having a predetermined index duration including the steps of: separating the index duration into at least one time period; retrieving at least one first asset price, each of the at least one first asset price associated with one of the underlying reference assets and one of the at least one time period; retrieving at least one second asset price, each of the at least one second asset price associated with one of the at least one time period; determining at least one discount factor, each of the at least one discount factor determined from a characteristic of one of the at least one second asset; determining at least one first component net asset value portion, each of the at least one first component net asset value portion associated with one of the at least one time period, each of the at least one first component net asset value portion determined from the at least one first asset price and the at least one discount factor associated with the at least one time period of the at least one first component net asset value portion; and determining the first component net asset value as one of the group consisting of: the at least one first component net asset value portion and a sum of the at least one first component net asset value portion.

Dependencies are inferred from the claim text.