The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 01, 2012
Filed:
Jan. 08, 2004
Clifford J. Weber, Basking Ridge, NJ (US);
Carol Alexander, Purley, GB;
Jason Macqueen, Bath, GB;
Charles A. Baker, Wayne, PA (US);
Gary L. Gastineau, Sport Hills, NJ (US);
Terry Norman, Barling Magna, GB;
Clifford J. Weber, Basking Ridge, NJ (US);
Carol Alexander, Purley, GB;
Jason MacQueen, Bath, GB;
Charles A. Baker, Wayne, PA (US);
Gary L. Gastineau, Sport Hills, NJ (US);
Terry Norman, Barling Magna, GB;
NYSE Amex LLC, New York, NY (US);
Abstract
Systems and methods are provided to determine an estimated value of a traded fund whose assets are not publicly disclosed on a daily basis, where a computer system includes one or more computers and is programmed to determine an estimated value of the traded fund. Embodiments include operating the computer system to calculate an estimated value of the traded fund based on the value of a proxy portfolio, where the identities of the assets of the traded fund are not disclosed to an investor who trades shares of the traded fund on a secondary market, and publicly disclosing the estimated value of the traded fund periodically throughout a trading day.