公开(公告)号：US07809627B2

公开(公告)日：2010-10-05

申请号：US10077182

申请日：2002-02-15

申请人： Steven M. Bloom ,  Michael S. Spector ,  John L Jacobs

发明人： Steven M. Bloom ,  Michael S. Spector ,  John L Jacobs

IPC分类号： G06Q40/00

CPC分类号： G06Q40/06 ,  G06Q40/04

摘要： A financial product is based on a first fund that is traded on a trading marketplace in a first country. The financial product is registered in the first country. The first fund has the characteristics of being based on an index of securities that are traded in a second, different country. The first fund is arbitragable with a second fund that is based on the index and which is registered in a second different country. The first fund has a creation unit basis that is substantially the same basis as a creation unit basis for the second fund. The calculation of the net asset value of the first fund occurs at essentially or exactly the same time that second country fund has its NAV calculated. The agent for the first fund has the option of providing or accepting second fund shares or other securities, rather than cash, to cover “cash amount” obligations. Such obligations arise from the need to equate the value received or given for the first fund shares (e.g., the creation unit stock basket plus or minus the “cash amount”) with the NAV of the first fund shares that it has issued or received.

摘要翻译： 金融产品基于在第一个国家的交易市场上交易的第一个基金。 金融产品在第一个国家注册。 第一个基金的特点是基于第二个不同国家交易的证券指数。 第一个基金可以与基于指数的第二个基金进行仲裁，并在第二个不同的国家注册。 第一个基金具有创造单位基础，与第二个基金的创造单位基础基本相同。 第一笔基金的资产净值的计算与第二国家基金的净资产值计算基本完全相同。 第一个基金的代理人可以选择提供或接受第二基金份额或其他证券，而不是现金，以支付“现金金额”义务。 这种义务是由于需要将第一个基金份额（例如，创建单位库存加或减“现金金额”）收到或给出的价值与其发行或收到的第一个基金份额的资产净值相等。