Investment vehicle for separating a basket of securities into a debt instrument and an equity component

摘要

Embodiments of a system and a method provide for efficiently leveraging equity interests in investment funds. In an embodiment, equity and zero-coupon debt are issued on an investment vehicle comprised of a static basket of equity interests in investment funds. An embodiment of the method of investing includes passively managing a static basket of equity interests in investment funds which actively manage investments in underlying funds. An embodiment of a method of lending includes purchasing zero-coupon debt secured by an investment vehicle comprised of a static basket of equity interests in investment funds.