{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-8538860","patent":{"patent_number":"US-8538860","title":"System and method for the creation and rebalancing of beneficial interests in index tracking and other investment vehicles over multiple market periods using fixed or regularly resetting prices to calibrate outstanding interest counts with liquidation entitlements","assignee":null,"inventors":[],"filing_date":"2012-09-14T00:00:00.000Z","publication_date":"2013-09-17T00:00:00.000Z","cpc_codes":["G06Q","G06Q"],"num_claims":19,"abstract":"A method and system are disclosed which creates, modifies and manipulates the units of a collective investment vehicle, and which accurately tracks a linked index or specific investment strategy through the execution of steps including: creating units at a fixed price and fixed par value at the opening of any market period; modifying of the par value of units which are traded between investors to a fixed initial par value; creating of the intra-period price values which links unit par value to returns for the applicable partial period to produce a system generated intra-day transacting price; and at the close of each market period, a manipulation of the number of units outstanding, such that the units reflect an equivalent value based on a reset to the initial fixed price, and further such that the par value is adjusted in a counterbalancing direction."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"System and method for the creation and rebalancing of beneficial interests in index tracking and other investment vehicles over multiple market periods using fixed or regularly resetting prices to calibrate outstanding interest counts with liquidation entitlements","description":"A method and system are disclosed which creates, modifies and manipulates the units of a collective investment vehicle, and which accurately tracks a linked index or specific investment strategy throu","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-8538860","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-8538860","citation_suggestion":"Patentable. \"System and method for the creation and rebalancing of beneficial interests in index tracking and other investment vehicles over multiple market periods using fixed or regularly resetting prices to calibrate outstanding interest counts with liquidation entitlements\" (US-8538860). https://patentable.app/patents/US-8538860","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-8538860","json":"https://patentable.app/api/llm-context/US-8538860","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-30T11:21:06.835Z"}