Synthetic funds having structured notes

A process for creating and issuing a structured note, the structured note comprising a contract that permits an obligor to offer an exposure to a requestor, wherein the exposure is to at least one objective valuation measure, the process comprising:

• displaying a first user interface through implementation of one or more computer processors, the first user interface providing selectable options enabling the requestor to select a fund-of-funds composition representing a portfolio including one or more assets with market exposures, the assets including passive and active assets, wherein the market exposures are objective valuation measures, the selectable options including an investment amount selection option for selecting a total investment amount and a weighting option for enabling distribution of the total selected investment amount across the assets in accordance with a requestor selection;
• receiving and processing, using the one or more computer processors, 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 objective valuation measure of the at least one structured note;
• generating, using the one or more computer processors, the at least one structured note based on the request;
• receiving payment for the at least one structured note;
• issuing confirmation of the at least one structured note through implementation of the one or more computer processors;
• and
• subsequently displaying a second user interface using the one or more computer processors, the second user interface facilitating requestor-selectable modification of the purchased structured note, available requestor selectable modifications including an overall investment amount modification and a weighting modification for enabling market exposure to be redistributed by modification of a percentage of the overall investment amount corresponding to one or more selected assets;
• wherein performance of the at least one structured note is customized by the obligor, providing an ability to the obligor to buy and manage at least one asset differently from requestor selected market exposure of the structured note, thereby providing an ability by the obligor to short performance of the structured note and to establish a hedge position for the structured note and providing an ability for the requestor to leverage or short performance of at least one of the selected assets.